In: Economics
how does government, laws, and organized society reveal itself to be important. please provide two examples of pieces or architecture that related to the one of those topics and why?
Government, Law, Organized society- Importance
Government reveal themselves important through the policies and the
way it functions. The policies to protect and implicate the
interests of the society or the population on which it represents,
to stimulate the growth of the economy, to give protection to the
citizen are all factors revealing the importance of the government.
The law becomes important when it is able to give equal
consideration to the people who follows the law and become able to
adopt changes rapidly in the society. Efficient functioning of
judiciary and the police force reveals the importance of the law.
Organized society is a matter of effective functioning of a society
increasing the social commitments and scope of the human social
interactions. Modern societies with increased interactions and
productivity reveal the important of organized societies.
Government plans and implication of fiscal policies and activities
to control and manage growth in the economy are examples how
government reveals itself important. Various economists and social
scientists have quoted the importance of the government in various
activities of ensuring protection and providing necessaries to the
population. An absence of government can increase inefficiency in
resource allocation and distribution. Redistribution of income
which influences the welfare of the society cannot be achieved
without the policies of government. As Keynes suggests, government
role is important to the economy as it impacts on the demand side
of the economy increasing the scope and growth of the economy.
Absence of governmental intervention can reduce the scope and
growth of economy which can lead to negative impact in price level.
These examples are strong enough to indicate how the government
itself reveals important for the effective functioning of the
society and even the economy.