What is NOT a role of government in the economy?

The role of government in the economy encompasses various functions, but providing all goods and services is not one of them. While governments do provide certain essential services and goods, such as public education, infrastructure, and defense, they do not take on the role of supplying all goods and services in the economy. The majority of goods and services are produced by private businesses operating within a market economy, where supply and demand dictate production.

In contrast, protecting consumers is a fundamental responsibility of government, often implemented through regulations and consumer protection laws. Regulating businesses is essential to maintain fair competition and ensure that companies adhere to laws that safeguard the public interest. Collecting taxes is also a crucial function as it enables the government to allocate resources for public services, infrastructure, and welfare programs. Overall, the government plays a vital role in establishing a framework within which a mixed economy operates, but it does not assume direct control over all aspects of production and service delivery.