Government intervention
Government intervention
Glossary of business
Definition of government intervention
Government intervention is when the government intervenes in a particular market. This may mean the introduction of price controls (for example, rent controls) or it may mean the government setting rules and regulations in the market to try to alter the market outcome. They may do this if they consider that the outcome of the market being left to its own devices is not the most desirable one for society.
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Terminology about business
Job world
Definition and meaning of government intervention
Meaning of government intervention
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