Assume that you are appointed as a consultant by the government to advice whether the government should pursue an active

[answerhappygod]

Assume that you are appointed as a consultant by the government
to advice whether the government should pursue an active government
participation in the economy or to allow the private sector to play
the prominent roles in the economy. If the private sector is to
play the prominent roles, the government's role will be confined to
the traditional roles as defined by Adam Smith. Weight the problem
with pure market economy and of active government participation.
Your suggestion should combine the basic economics arguments.