1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gekata [30.6K]
3 years ago
10

Why does even a free market economy need some government intervention?

Social Studies
2 answers:
alina1380 [7]3 years ago
7 0

Answer:

to provide for things that the marketplace does not address

Explanation:

The model of a free economy is good for consumers and firms. Firms are free to choose how, what and for whom to produce, and consumers have a chance to buy from whom to provide the lowest price. However, some government regulation is needed to prevent abuses such as cartel formation and to curb opportunistic practices. In addition, this is for the government to force firms to provide things that the market would not address if it were completely free, which are market failures. For example, a coal plant pollutes the environment and damages society as a whole. If there were no regulation, the plant would not care about the damage that its activity causes. Regulation exists for such a practice to be curbed. The negative externalities caused by this plant must somehow be remedied, this is through government regulation. Thus regulation solves problems that the market does not address.

ella [17]3 years ago
6 0

tHIS WILL INSURE A STRONG GOVERNMENT

You might be interested in
What is the importance of energy? make a list.<br>​
zubka84 [21]

Answer:

We use energy to not only heat our human-made structures but we use it to cool them as well. Energy is necessary for getting up out of bed, walking down the street, or even lifting your finger. It's also necessary in abundance for all types of modern conveniences, from light bulbs to appliances to vehicles.

Explanation:

4 0
2 years ago
How did renaissance writers rely on the past develop new ideas
Gnesinka [82]

The Renaissance movement began in Italy and spread to other European nations from 1500 to 1688. Renaissance writers became inspired on the works produced by the Romans and Greeks during the ancient world. Renaissance writers believed that the arts, literature, learning and politics had flourished during the ancient times, and now they were reborn after the dark Middle Ages. In addition, the writers of the Renaissance reflected on their works a spirit of inquiry and exploration about the world, using the Greek and Roman writing styles as model.



7 0
3 years ago
Read 2 more answers
The countries of Britain and France both sought control over the _____________________. *
Law Incorporation [45]
A. Albany plan of union
I think
3 0
3 years ago
___________ defines successful intelligence as the skills and knowledge needed for success within a particular social and cultur
Natali [406]
STERNBERG <span> defines successful intelligence as the skills and knowledge needed for success within a particular social and cultural context.

The correct behavior that accepted by society will be different in each societies because of their </span>social and cultural context. According to Sternberg, those who possess social intelligence will be able to distinguish those contexts and adjust their behavior properly, which make them capable to adapt in any society.
3 0
3 years ago
Who introduced the HDI in first time​
Elden [556K]

The first HDR was launched in 1990 by the Pakistani economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen. Since then reports have been released most years, and have explored different themes through the human development approach, which places people at the center of the development process.

3 0
2 years ago
Other questions:
  • When an individual suffers from anxiety severe enough to ____________, he might be suffering from an anxiety disorder. (Points :
    14·1 answer
  • Most contracts require that all aspects be completed as expressly stated in the contract. Any deviation from strict performance
    12·1 answer
  • Read the passage and then answer the question. In ancient Egypt, the ruling government owned much of the land. The government’s
    6·2 answers
  • The brain is the center of all thoughts perceptions and emotions. <br> a. True <br> b. False
    7·2 answers
  • Read this excerpt from "Close Encounters of the Bear Kind" by Susan E. Quinlan.
    8·1 answer
  • Magbigay ng salita o pahayag ng may mga tagong kahulugan at gamitin ito sa pangungusap​
    12·1 answer
  • The statements below describe some of the conditions faced by Americans in 1785-1786.
    8·1 answer
  • ________ is a disorder in which a person displays two or more sets of likes and dislikes as well as reactions to the same situat
    9·1 answer
  • Three people in the same place at the same time, but not interacting with one another, are best described as a
    10·1 answer
  • What are the 5 most important points from the document, The Declaration for Human Rights?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!