InterviewSolution
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InterviewSolution
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The new governments are important markets elucidate |
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Answer» The government tries to combat market inequities through regulation, taxation, and subsidies. Examples of this include breaking up MONOPOLIES and regulating NEGATIVE externalities like POLLUTION. Governments may sometimes intervene in MARKETS to promote other goals, such as NATIONAL unity and advancement.The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. Examples of this include breaking up monopolies and regulating negative externalities like pollution. |
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