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Econedlink: Government Failures/public Choice Analysis

Curated by ACT

This video teaches the concepts of Government Failures and Public-Choice Analysis. In the real world, government failure may occur so that government decisions do not represent the majority. Public-choice analysis is the branch of economics that studies how political decisions are actually made.

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Additional Tags
government failure, role in government, e.ge.8 economic policy decisions made by governments result in both intended and unintended consequences, econedlink: government failures/public-choice analysis, public-choice analysis, incentive, incentive and choice
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)