How Governments Influence Markets

Miacademy & MiaPrep Learning Channel

This video provides a comprehensive introduction to the relationship between government systems and economic markets. It begins by defining what a market is and the three fundamental economic questions every society must answer: what to produce, how to produce it, and who to produce it for. The narrator explains that while markets allow for the exchange of goods and services, governments play a critical role in providing stability, security, and ensuring citizens' basic needs are met to prevent social unrest.