Spec 7136
Revise AQA A Level Economics 1.8.10 Government failure with the question bank, lessons, revision guides, and flashcards.
Government failure occurs when government intervention in the economy leads to a misallocation of resources. • Inadequate information, conflicting objectives and administrative costs are possible sources of government failure. • Governments may create, rather than remove, market distortions. • Government intervention can lead to unintended consequences.
