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Merits of government involvement in business.

Answer Text:
Merits of government involvement in business.
-It ensures essential services are provided.
-It ensures control of sensitive business in the country.
-It creates employment opportunities to its citizens.
-It reduces foreign domination of economy by regulating the entry of foreign firms.
-Increases investments in the country.
-Helps in wealth redistribution through taxation measures.
-Its involvement generates revenue for financing government expenditure.