Government and Global Influence in Business Grade 7 Business Studies Revision Notes

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Government And Business

Government involvement in business activities is one of the commercial duties it owes its citizens. It is the one that provides the necessary environment for investments to be undertaken by itself, or by the local and foreign investors. This, the government may do in various ways, these include;

1. 1. Producing goods and services
   2. Distributing goods and services
   3. Advising producers and traders
   4. Promoting trade and economic development
   5. Protecting consumers against exploitation by producers and traders
   6. As a consumer of goods and services