The government creates what is known as the market economy. With no government, we wouldn’t have any market economy. This might be a little bit questionable with people who believe that the market is a naturally occurring phenomenon that follows natural laws like the well-known law of supply and demand and the law of gravity.

This being said, let’s take a look at a short video prepared by Crashcourse to give us light on the role of the government in our present economy. This can be a controversial topic that can call for several opinions. Nonetheless, this should be a healthy debate towards one common goal – that is bettering our economy today for a more stable tomorrow.

Market Economy: Crash Course Government and Politics