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Why Governments Intervene

Why Governments Intervene

Government intervention is action taken through taxation, subsidies, regulation, state provision and other policies to influence how resources are allocated. Its main rationale is market failure, where the free market produces an allocation that does not maximise social welfare.

1.8.9 Government intervention in markets Lesson

  1. A Level
  2. /Economics
  3. /1.8.9 Government intervention in markets

Step-by-step lessons on AQA A Level Economics 1.8.9 Government intervention in markets. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons