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There are various reasons why the should government interfere in the market. This is mainly to protect consumers from exploitation by regulating prices in the market.

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Related Questions

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the role of the government in the market structure is to control inflection


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The Sudanese government played Abigail role


What role did harding and collidge think the government should play in peoples lives?

Both believed that the best government was the least government and that government should not interfere with the life of the nation.


Centralized economic system?

In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.


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What role does the US government play in the free market economy?

Generally, the US government allows for the market to act unimpeded unless it causes serious social losses. For example, the government intervenes and regulates in cases of lack of competition, imperfect information, dangerous production or distribution, and externalities.


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