Spec 7136
Revise AQA A Level Economics 1.8.9 Government intervention in markets with the question bank, lessons, revision guides, and flashcards.
The existence of market failure, in its various forms, provides an argument for government intervention in markets. • Governments influence the allocation of resources in a variety of ways, including through public expenditure, taxation and regulation. • Governments have a range of objectives and these affect how they intervene in a mixed economy to influence the allocation of resources.