4. Main function of government
1.Basic infrastructure Development
2.Protection of environment
3.Defense and law and order
4.Social security measures
5.Social service
5. Basic infrastructure Development
For the progress of an economy the government invests money in infrastructure facilities like road, power station, educational institution, health facilities.
6. Protection of environment
Unrestricted exploitation of resources, environment problems, etc are part of economic activities.
7. Defence & law & Order
It is the duty of the government to protect the nation from foreign aggression.
8. Social Security Measure
Government implement schemes that provide social security to socially and economically backward section. E.g. Different pension schemes educational services at concessional rate etc.
9. Social service
In order to achieve social goals government has to intervene in sectors like education, health, etc.
