Asked by Kristen Phelps on May 25, 2024
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Who said this? "...the sovereign has only three duties to attend to....first,the duty of protecting the society from violence and invasion ... ;secondly,the duty of protecting ...every member of the society from the injustice or oppression of every other member of it all;and thirdly,the duty of erecting and maintaining certain public works and public institutions,which it can never be for the interest of any individual ...to erect and maintain..."
A) Adam Smith
B) John Stuart Mill
C) Sir William Petty
D) Franklin Roosevelt
E) Thomas Jefferson
Sovereign
A supreme ruler, especially a monarch, or relating to a nation's independent authority and right of self-governance.
Public Works
Projects and activities financed and undertaken by the government aimed at providing public goods and infrastructure, such as roads, schools, and water systems.
Public Institutions
Organizations established and funded by the government to provide services to the public, such as schools and hospitals.
- Identify the roles and responsibilities of government in economic systems.
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Learning Objectives
- Identify the roles and responsibilities of government in economic systems.
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