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Under what conditions might government intervention in a market economy improve the economy's performance?
Wiki User
∙ 13y ago
If there is a market failure, such as an externality or monopoly, government regulation might improve the well-being of society by promoting efficiency. If the distribution of income or wealth
is considered to be unfair by society, government intervention might achieve a more equal distribution of economic well-being.
Wiki User
∙ 13y ago
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communism
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What is competitive rivalry?
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Increasing the reserve requirement for banks will make less money available to borrowers and thus slow the economy's growth.
What is the downside of increasing economic interdependence?
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
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Is china an medc or and ledc?
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