Economics

citizens such as airlines, railways, forestry and the harvesting of other natural resources, communications, electricity, gas, police, hospitals, schools, universities, the military, research facilities, and fire fighting. The government even in most economies that are considered free market economies almost always controls businesses such as electricity. This is because they are businesses that set themselves up to be run as monopolies. Usually a consumer has only one choice as to which company they will buy their electricity from because each company would have to attach electricity transmission lines to each house and that would cost a great deal of money just to make sure the consumer has choice. The electricity you receive is always the same in quality so the government owns it as a monopoly. This way the government can make sure the price is not significantly raised or distorted because of lack of competition. Programs such as health care ensure that all citizens will receive hospital care free of charge whenever necessary. Quality of ca
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Economics. (2000, January 01). In MegaEssays.com. Retrieved 04:09, October 18, 2026, from https://www.megaessays.com/viewpaper/92864.html