Government failure means that government intervention fails to move us closer to our economic goals.
Government intervention that fails to improve economic outcomes is known as government failure.

Question

Quizplus · Accepted Answer

Government failure occurs when government intervention in the economy, such as regulation or subsidies, does not result in improved economic outcomes. This can happen when policies are poorly designed, implemented incorrectly, or when they result in unintended consequences that outweigh any benefits.

Government Failure Means That Government Intervention Fails to Move Us