1. Identify and Describe the basic economic roles of government in the society. [16 marks] 2. Define the concept of Mark
Posted: Sun Jul 03, 2022 1:02 pm
1. Identify and Describe the basic economic roles of government in the society. [16 marks] 2. Define the concept of Market Failure. [3 marks] 3. Discuss the sources of market failures. [24 marks] 4. Discuss policies the government can use correct market failures. [24 marks] Aanalyze why it is important for governments to address market failures.