Article on the Role of Government

Article on the Role of Government

Find an article related to a real world market failure. Identify the type of market failure.
The question is it a problem of negative externalities, positive externalities, public good,
or common resources?

1. Explain how government action can improve economic efficiency.

2. Graph the market failure and explain the problem.

3. Show how government action will change the Situation.
Be prepared to discuss your findings and turn-in your report.