Question

To what extent should the government intervene in the market ?​

Answer 1

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

Answer 2

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Explanation:

government intervance in markets to address in inefficiency .in a optimalley efficient market,resources are perfectly allocated to those that need them in the amounts they need .In inefficent markets that is not case,some may have too much of resources while others do not have enough .Inefficiency can take many different forms.The government tries to combat these inequites through regulation ,taxitation, subsides . Most government have any combustion of four different objectives when they interview in the market.