At the most basic level, the distinguishing characteristic of government that makes it different from private firms is a. the difference in incentive structure motivating economic activity. b. its ability to direct resources in a manner that is more economically efficient. c. its ability to produce goods and services that people value. d. its ability to use coercive force against people to modify their behavior or force them to pay for a good or service whether they benefit from it or not.

Question

Zara Lane

Social Studies

26 September, 20:41

At the most basic level, the distinguishing characteristic of government that makes it different from private firms is a. the difference in incentive structure motivating economic activity. b. its ability to direct resources in a manner that is more economically efficient. c. its ability to produce goods and services that people value. d. its ability to use coercive force against people to modify their behavior or force them to pay for a good or service whether they benefit from it or not.

+4

Answers (1)

Know the Answer?

Tessa Malone · Answer 1

Option b

Explanation:

The government is known to have the best resources, best hands and the best people to make decisions, one of the primary aim of government is to improve the lifestyle of its people, economy and basic amenities.

From the Above question, the economy is very important, they are always after the economy, how to improve the economy which is different from the private firms because private firms are after income and profit.

So what actually makes the government different is the way they direct resources in a manner that is economic efficient compared to private firms, after income and profit.