Edexcel IGCSE Economics 1.1.5.f government intervention and market failure

Practise intervention questions by naming the market failure reason and linking it to competition, information or resource allocation.

Exam points

State a reason for government intervention, such as market failure or lack of competition.
Link intervention to missing information or weak competition in the data context.

[Maximum number: 1]

State one reason why governments intervene in the economy.

Figure 2 shows selected financial data of a firm selling shoes.

Figure 2

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