Describe at least three reasons why market failure occurs.
What will be an ideal response?
When markets fail to maximize efficiency, fail to perform according to societal expectations, and are inefficient because of monopolies, externalities, or imperfect information.
Political Science
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A form of journalism that was popular in the late nineteenth century and featured pictures, comics, color, and sensationalized, oversimplified news coverage was called __________
a. muckraking b. the penny press c. blue dog journalism d. yellow journalism
Political Science
Since rule changes adopted in 1996, under the presidency of Bill Clinton, the number of TANF recipients in Texas has been
a. substantially reduced. b. slightly reduced. c. maintained at a fairly constant level. d. slightly increased. e. substantially increased.
Political Science