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Role of Government Sem 1
Role of Government Sem 1
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Econs
Secondary Education
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Role of Government Sem 1
Slide 1 - Slide
Influence of government on personal economic and financial decisions
Government can
influence
personal consumer and financial decisions in a number of ways:
redistributes income
to enable all people to achieve a minimum standard of living,
establishes laws and regulations
for consumer protection, and
provides incentives
that encourage individuals to act in an informed manner and to provide for themselves over the course of their life.
Slide 2 - Slide
In Unit 1 we focus on
taxation
and
government spending
with an understanding of
income redistribution
Slide 3 - Slide
What does it mean to distribute?
Slide 4 - Mind map
Distribute
Distribute means to share out.
To
re
distribute means to share out
again
.
Redistribution of income means to share out income again among a group.
Slide 5 - Slide
www.abc.net.au
Slide 6 - Link
Slide 7 - Slide
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