What Are Two Reasons for a Government to Intervene in a Market

question 66

Multiple Choice

What are two reasons for a government to intervene in a market?

• A)to raise revenues and to promote stability
• B)to promote equity and to promote efficiency
• C)to promote equity and to promote stability
• D)to promote efficiency and to promote stability

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Definitions:

Individual Thought

The process of thinking or reasoning conducted by an individual, emphasizing personal beliefs, ideas, and cognitive processes.

Macro-Micro Continuum

A concept in sociology that explains the range of social interactions from large-scale institutions and systems (macro) to individual personal interactions (micro).

Global Structure

Global structure signifies the overarching system or patterns that govern international relations, global economies, or worldwide social networks, highlighting interconnectivity on a global scale.

Large-Scale Social Structures

Refers to the overarching frameworks that organize society, including institutions, hierarchies, and systems that influence individuals' lives and societal dynamics.