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Pearson Edexcel IAL Economics 3.3.5.1f Limits to government intervention

Practise spotting why regulation may fail when information, resources, power or industry influence limit government action.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • identify regulatory capture as a limit on housing-market safety regulation
  • distinguish capture from perfect knowledge or flexible labour as limits to intervention
  • explain how information gaps or weak regulatory power can reduce policy effectiveness

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