Government Intervenes in Marketplace Transactions Because

question 74

Multiple Choice

Government intervenes in marketplace transactions because:

• A)Americans have come to expect this practice.
• B)Americans accept this practice.
• C)is the best means of correcting market failure.
• D)our market system is inefficient.

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Definitions:

Resources And Power

The distribution and control of assets, capabilities, and influence within a society or organization.

Entitlement

The right to benefits or privileges based on established legal or ethical principles or regulations.

Decree

An official order issued by a legal authority, usually a government entity or court, which has the force of law.

Directly Representing

The act of advocating or speaking on behalf of another person or group in a direct and explicit manner.