Coverment and economy

The Government of the Republic of Uzbekistan

• The members of the government are the President of Uzbekistan (https://en.m.wikipedia.org/wiki/President_of_Uzbekistan), Prime Minister of Uzbekistan (https://en.m.wikipedia.org/wiki/Prime_Minister_of_Uzbekistan), Ministers, and deputy ministers. It has its legal basis in the Constitution of Uzbekistan (https://en.m.wikipedia.org/wiki/Constitution_of_Uzbekistan). Cabinet of Ministers - The Government of the Republic of Uzbekistan is the executive power body of the Republic of Uzbekistan, ensuring guidance over effective functioning of the economy, social and cultural development, execution of the laws, and other decisions of the Oliy Majlis (https://en.m.wikipedia.org/wiki/Oliy_Majlis), as well as decrees and resolutions issued by the President of the Republic of Uzbekistan.gʻ
• What is the role of government in the economy?
• Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.How does government affect economy?
• Governments influence the economy by changing the level and types of taxes, the extent and composition of spending, and the degree and form of borrowing. Governments directly and indirectly influence the way resources are used in the economy.