If the markets are usually a good way of organizing economic activities, then why do the governments intervene in the markets? With regards to this question, you are required to explain the reasons for government intervention and describe the various public policies used by the government to regulate the market. Analyze the outcomes of the government intervention. Make sure to provide suitable supporting evidence and examples and also to use relevant economic theories and models.

It requires,

1: Introduction

2: Explain the reasons for government intervention

3: Explain the public policies used by the government to regulate the market

4:Analyze the outcomes of the government intervention.