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Government Intervention and Market Failure [IB Economics SL/HL]
Автор: Revision Village
Загружено: 2025-08-01
Просмотров: 2446
Описание:
This video analyses why the market sometimes fails to allocate resources efficiently and evaluates typical government responses to market failure.
0:00 – Allocative Efficiency in a Free Market
0:41 – Price Controls
1:46 – Indirect Taxes and Subsidies
2:30 – Consumption Externalities
3:32 – Production Externalities
4:24 – Common Access Resources
5:06 – Public Goods
5:54 – Evaluating Government Intervention
More IB Economics Videos & Exam Questions can be found at:
Revision Village - IB Economics
https://www.revisionvillage.com
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