Market Failures, Taxes, and Subsidies: Crash Course Economics #21
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Market Failures, Taxes, and Subsidies: Crash Course Economics #21
This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often governments step in to provide those services. Stuff like public education or military protection are good ...
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