Question

the new governments are important markets elucidate​

Answer 1

Answer:

The government tries to combat market inequities through regulation, taxation, and subsidies. Examples of this include breaking up monopolies and regulating negative externalities like pollution. Governments may sometimes intervene in markets to promote other goals, such as national unity and advancement.

The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. Examples of this include breaking up monopolies and regulating negative externalities like pollution.

Answer 2

Explanation:

Formation of new Government is important for market because new government has new projects, new motives and new initiatives.

Hence, there is a wider scope for the market to benefit from the situation because new project require involvement from all the sectors either it is primary, secondary or tertiary.

As a result of above mentioned reasons, new government usually provides more employment opportunities as well.