Economy, asked by srikar5772, 11 hours ago

Explain welfare as one of the methods of government intervention

Answers

Answered by prasanthdaya211
0

Explanation:

The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. Maximizing social welfare is one of the most common and best understood reasons for government intervention.

Answered by riya323190
0

Answer:

The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. Maximizing social welfare is one of the most common and best understood reasons for government intervention.

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