Custom Writing Service-Purpose of Assignment The theory of market economies emphasizes
Describe the intervention and detail its history.
Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information in our course textbook on market failures.
Examine who may be helped and who may be hurt by the selected government intervention.
Examine externalities and/or unintended consequences of such intervention.
Determine the cost trend of the intervention program since its implementation including whether costs are increasing, decreasing, or vary with the state of the economy.
Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
Recommend whether the program should be continued as is, discontinued, or modified and defend your recommendation.
