government failure
English
[edit]Noun
[edit]government failure (countable and uncountable, plural government failures)
- (economics) A situation in which a government intervention causes an economic inefficiency that would not exist in a true free market.
- Coordinate term: market failure
Translations
[edit]a situation in which a government intervention causes an economic inefficiency that would not exist in a true free market
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Further reading
[edit]
government failure on Wikipedia.Wikipedia