government failure en · NOUN
Meanings
- (countable, uncountable) A situation in which a government intervention causes an economic inefficiency that would not exist in a true free market.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| government failures | Number=Plur | lexicographic |
Coordinates
Translations (2)
de Staatsversagen (a situation in which a government intervention causes an economic inefficiency that would not exist in a true free market) · hu kormányzati kudarc (a situation in which a government intervention causes an economic inefficiency that would not exist in a true free market)