Abstract
In order to decide the optimum amount of government intervention, it is first necessary to identify the various social goals that intervention is designed to meet. Two of the major objectives of government intervention identified by economists are social efficiency and equity.
Cite
CITATION STYLE
APA
Sloman, J., & Sutcliffe, M. (2005). When markets fail. In Understanding Business: Markets: A Multidimensional Approach to the Market Economy (pp. 147–165). Taylor and Francis. https://doi.org/10.4324/9780203995891-18
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