Which of the following is NOT a reason for the government to intervene in the market?
A) to promote efficiency
B) to enforce property rights
C) to promote equity
D) to protect an industry

Question

Quizplus · Accepted Answer

Protecting an industry is not a valid reason for government intervention. The government's role is to ensure a level playing field for all industries, not to pick winners and losers. The market should determine which industries are successful based on consumer demand and competition.

Which of the Following Is NOT a Reason for the Government