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A Market Failure Is an Example of A(n) ______ Justification

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Short Answer

A market failure is an example of a(n) ______ justification for the government to enact policies.


Definitions:

Herbert Spencer

A British sociologist and philosopher known for applying the theory of natural selection to society, contributing to the development of social Darwinism.

Social Change

The transformation of cultural, social, and political structures over time, often driven by collective behavior and social movements.

World's Energy

Refers to the global production, distribution, and consumption of various forms of energy, including fossil fuels, nuclear, and renewable sources.

U.S. Constitution

The foundational legal document of the United States, establishing the national government and fundamental laws while guaranteeing certain basic rights to its citizens.

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