Edexcel A Level · 9EC0 · Theme 1: Introduction to markets and market failure
1.4.2 Government failure
Also Edexcel AS 8EC0
Everything you need for questions on government failure, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- What is government failure?
- Getting the tax wrong
- The four causes
- Calculations
- Classic question: does government failure mean governments shouldn't intervene?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- You are the government
- Why did it go wrong?
- Follow the policy
- Government failure trainer
- Market failure or government failure?
- Build the chain
- Exam practice
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