Why might government want to intervene in the market? Give three examples and explain the rationale for each.

Government should intervene in markets of services related to human capital formation i.e Education & Health

Explanation:

Human Capital Formation is the development of skills & abilities in the human resource, making them more productive - through components like Education & Health

Government should intervene in these markets because:

So: to prevent people from - long term adverse impacts, wrong information, monopoly exploitation & to make available to poor people. Govt intervention is necessary is certain markets.

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