When should the government intervene in the economy?
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Heya...
See here for your answer....
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As we know that India adopted the mixed economy in which both public and private sector works combinely...
So,, but for major government should interfare then...
"" Private sector conducts a dominating monopoly over economy...
"" Consumers are to be exploited..
"" Economy is facing the recessions....
"" Market structure couldn't find the way to reach to its equilibrium...
-- Be Brainly...
See here for your answer....
================
As we know that India adopted the mixed economy in which both public and private sector works combinely...
So,, but for major government should interfare then...
"" Private sector conducts a dominating monopoly over economy...
"" Consumers are to be exploited..
"" Economy is facing the recessions....
"" Market structure couldn't find the way to reach to its equilibrium...
-- Be Brainly...
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2
hey mate ur ans
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. Examples of this include breaking up monopolies and regulating negative externalities like pollution
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. Examples of this include breaking up monopolies and regulating negative externalities like pollution
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