Provision of Information

• What does provision of information ensure?

  Provision of information ensures that economic units can maximise decisions when consuming and producing goods and services.
• When and where will the government provide information?

  The government will provide information where the private sector fails to do so e.g. cigarettes and concentration of alcohol.
• What are the main areas in which the government provides information?

  • the job market
  • dangerous products e.g. cigarettes
  • economic data to help firms plan for the future
• What happens to consumer patterns the greater the information that is provided?


  the greater the information available to consumes, the more likely they are to buy goods and services with confidence.
• Provision of information regarding allergies in the restaurant industry

  • Restaurants have to add food labelling onto foods in order to help provide information to people with allergies
  • This is good as it reduces health risks/issues which is better for NHS as it prevents crowding and with less people stick with allergies, it improves productivity in the economy as less workers sick off work.
• What are the negatives of proviso of information regarding allergies in the restaurant industry?

  • Some restaurants aren’t aware that some foods contain certain ingredients so there could be some miscommunication and could also be translation issues.
  • Also how will the government be able to monitor/manage this regulation and how well?