Failure theories suggest governments should pay to meet the needs of large groups.

Name: Failure theories suggest governments should pay to meet the needs of large groups.
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Question

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Failure theories, such as the theory of market failure, argue that government intervention and funding is necessary to address the needs of large groups who may not be adequately served by the free market. Therefore, paying to meet the needs of these groups is a suggested solution according to these theories.

Failure Theories Suggest Governments Should Pay to Meet the Needs