Answer :
The functions of government and their examples are to provide public goods, redistribute income, regulate economic activity and promote economic stability.
Functions of government
There are various functions of the government and they are providing leadership, maintaining order, providing public services, national security and others.
By providing public service, the government should provide national defense, which the markets are unwilling to provide.
By redistributing income, the government should give back to us safety nets, services and public goods which we pay in form of taxes.
By regulating economic activity, the government should provide subsidy which is a government payment that supports a business or a market.
By promoting economic stability, the government should fix the unemployment rate, by reducing it to the barest minimum.
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