Market failure
- Created by: dragonfruitjam
- Created on: 04-02-15 16:58
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- Market failure
- causes
- imperfect information
- monopolies
- positive externalities
- Factor immobility
- negative externalities
- Equity (fairness) issues.
- leads to
- Productive inefficiency
- Allocative inefficiency
- government intervention
- Legislation and Regulation
- Direct State Provision of Goods and Services
- Direct State Provision of Goods and Services
- Fiscal Policies
- Tax relief
- Subsidies
- Changes to taxation and welfare payments
- Indirect taxes
- causes
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