Cards (3)

  • What is Government Intervention?:
    • Government intervention is regulatory action taken by government that "interfere" with decisions made by individuals, groups and organisations about social and economic matters.​
  • What is Government Intervention?
    • Government intervention is regulatory action taken by government that "interfere" with decisions made by individuals, groups and organisations about social and economic matters.​
    • Governments intervene to correct market failure. ​