Pages in this set

Page 1

Preview of page 1

Page 2

Preview of page 2

Page 3

Preview of page 3

Page 4

Preview of page 4

Page 5

Preview of page 5

Page 6

Preview of page 6
Government failure

This arises if government intervention fails to improve economic welfare. Or perhaps because the
governments causes changes that are undesirable. But the most likely reasons that the cost of the
government intervention is outweighed the benefits that are gained.

Page 7

Preview of page 7

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »