Government Intervening Market Failure

Author: Client Uploads

January 29th, 2021

Some people argue that the government should not intervene in the case of a market failure because the government itself is inefficient and will create new problems. Do you agree that the government is less efficient than the private sector? Explain. If you think it is inefficient in an area, does that lead you to recommend against all government intervention or is there a reason that you would still support government intervention under certain circumstances? Which intervention options could you support, if any?

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