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The federal government helps prevent market failure by overseeing the allocation of assets, distribution of income, and stabilization of the economic system. Regular funding for these programs is secured principally through taxation. Borrowing from banks, insurance firms, and different governments and incomes dividends from its corporations also help finance the federal government. State and local governments also obtain grants and assist from the federal authorities. Different sources of public finance embody person charges from ports, airport companies, and other facilities; fines resulting from breaking laws; revenues from licenses and charges, such as for driving; and sales of government securities and bond points.
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