The concept of "government failure" implies

Question

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The concept of "government failure" suggests that government intervention to correct market failures may not always be successful and can result in further inefficiencies. This does not mean that laissez faire is always best or that government intervention is never justified. It simply recognizes that government intervention can also fail, and policymakers need to carefully weigh the potential benefits and risks of intervention before taking action.

The Concept of "Government Failure" Implies