Jan 21, The Canadian Government Sector

Jan 21, The Canadian Government Sector - The Canadian...

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The Canadian Government Sector (Supplemental) Government’s Role in Influencing Business 1. Prescribes the rules for business 2. Purchases business’ products and services 3. Contracts to get business to do things it wants 4. Is a major promoter and subsidizer of business 5. Is the owner of vast quantities of productive equipment and wealth 6. Is an architect of economic growth 7. Is a financier 8. Protects society against business exploitation 9. Directly manages large areas of private business 10. Acts as a social conscious ad redistributes resources to meet social objectives Roles of Government and Business What should be the respective roles of business and government in our socioeconomic system? Which tasks should be handled by government and which by business? How much autonomy are we willing to allow business? Interaction of Business, Government, and the Public Public Sector Activities – “Public Sector” = “Government” Three main public sector activities o Provision of “public” goods and services o Shaping and stabilizing private sector o Redistribution of income and wealth Federal Government – Executive Branch: The Public Service
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Jan 21, The Canadian Government Sector - The Canadian...

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