33.3k views
0 votes
What is government intervention

User Webeng
by
7.4k points

1 Answer

1 vote

Answer: See explanation and please use your own words.

Step-by-step explanation:

Government intervention refers to the regulatory action taken by a government that aims to change decisions made by individuals, organizations, or groups regarding economic and social matters. Its primary goal is to maximize a country's social welfare by correcting market failure.

User Firnnauriel
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.