Government intervention that fails to improve economic outcomes is known as

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Government failure occurs when the government intervention results in negative outcomes that are worse than if there had been no intervention at all. This could include unintended consequences like increased bureaucracy, higher costs, and inefficiencies in the market. Social failure refers to a lack of government action to address social needs and Market failure occurs when the free market fails to allocate resources efficiently.

Government Intervention That Fails to Improve Economic Outcomes Is Known