Information failure and government action
Information failure and government action
Provision of information is government action to correct imperfect or asymmetric information so consumers and producers can make better-informed decisions. Examples include public information campaigns, health warnings, nutritional labels and compulsory energy-efficiency labels.
Step-by-step lessons on CIE Intl A Level Economics 3.2.6 provision of information. Each one builds up to exam-style questions.