Reasons for government intervention
Answers
Answered by
1
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.
Similar questions
English,
4 months ago
Social Sciences,
4 months ago
Math,
4 months ago
Economy,
9 months ago
World Languages,
1 year ago