Answer:
Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. ... Over time, as our society and economy have changed, government activities within each of these functions have expanded. While the majority of businesses in Canada are privately owned, the government does play a major role in the economy. This is true of both the national and provincial governments. When the 2 levels of government are combined, they account for 21 percent of the nation's GDP.
Explanation:
