Social Sciences, asked by elinaray7825, 8 months ago

why is government intervention necessary in a country like India ?

Answers

Answered by ashish473015

0

Answer:

Without government intervention, firms can exploit monopoly power to pay low wages to workers and charge high prices to consumers. ... Government intervention can regulate monopolies and promote competition. Therefore government intervention can promote greater equality of income, which is perceived as fairer.

followme and mark as brainliest

Previous Question

Next Question

Similar questions

Physics, 3 months ago

6. A force of 10 N acts on a body of mass 2 kg for 3 s, initially at rest. Calculate : (i) the velocity acquired by the body, and (ii) change in momentum of the body.

Social Sciences, 3 months ago

What was the problem of refugees after independence?

History, 3 months ago

which language was patronised by the bahmani ruler (a). tamil (b). marathi (c). telugu (d). hindi...

CBSE BOARD XII, 8 months ago

Factorize x(x3 – y3) + 3xy(x – y)...

English, 8 months ago

add a suitable tense of run together with a preposition or adverb (1) Ten people are dash by cars every month in this town (2) I felt very frightened but he did not dash (3) as I was walking down the street yesterday I dash an old friend of mine we had a long talk(4) we have dash paper I will fetch some more. please friends give me the answer today only I will mark you as the brainlist...

Math, 11 months ago

do the no. 1,3,5,8....from an ap?

Social Sciences, 11 months ago

मुंबई की राजधानी कहां है...

Math, 11 months ago

car moves with the speed of 40 km per hour for 15 minute and then with a speed of 60 km per hour in the next 15 minutes find the total distance covered by the car in this 30 minutes ...