government failure
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English[edit]
Noun[edit]
government failure (countable and uncountable, plural government failures)
- (economics) A situation in which a government intervention causes an economic inefficiency that would not exist in a true free market.
- Coordinate term: market failure
Translations[edit]
a situation in which a government intervention causes an economic inefficiency that would not exist in a true free market
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Further reading[edit]
- government failure on Wikipedia.Wikipedia