Unit 5: Market Failure and Role of Government

CR 4: This course provides instruction in market failures and government intervention.

Standard 1: How Markets Fail.

Video to watch that explains real world examples of subsidies fixing problems in the economy. This video does a great job of explaining how economists think:
https://www.youtube.com/watch?v=hovRPRdxdj

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Standard 2: Types of Goods Provided by Government

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Standard 3: Effective Taxation

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Standard 4: Role of Government in US Economy


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Unit Test Review