Why Is Government Intervention into Economic Systems Needed

question 16

Multiple Choice

Why is government intervention into economic systems needed? 

• A) to ensure economic growth 
• B) to improve market success 
• C) to promote new economic ventures 
• D) to promote economic stability

---

Definitions:

Recency Errors

A memory bias in which the most recently presented items or experiences are most likely to be remembered.

Leniency Errors

A bias in which a reviewer or judge tends to give more favorable assessments than the evidence supports, often affecting performance evaluations or grading.

Halo Errors

A type of bias in which a positive impression in one area influences an evaluation in another area.

Directive Management Style

A leadership approach where decisions and processes are predominantly controlled by the manager or leader.