How does the government of a republic typically shape its economy?

Answer

The government allows citizens to own private businesses.

Explanation

A Republic for Of Government is system in which a state or a country is ruled by representatives of the citizen body. Thus citizens vote to elect politicians to represent their interests and form the government.  In most republics, the Head of State is called the president. In some countries, the president is elected and has a lot of political power. The  main purpose of government should be to protect the people's natural rights.In shaping the economy the republic government allows people or citizens to own private businesses and industries. Then the government takes charge of the sensitive sectors like finance and defense.