In an essay about government intervention.. how can I write about the free market??
Imagine I write a FOR government intervention. on the AGAINST government intervention how do I include the free market?
Economics help needed Watch
- Thread Starter
- 15-05-2016 14:40
- 15-05-2016 15:39
If arguing against government intervention you could say that the resource allocation within the market would be more efficient if consumers themselves determine what is produced in what quantities, based on the allocative function of prices in a free market. Also, you could argue that a government failure could occur that causes market failure.