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Unit 6: Market Failures and the Role of the Government

Unit 6: Market Failures and the Role of the Government. 1. Market Failure #1: PUBLIC GOODS. Public Goods. If there was no government, how would schools, parks, and freeways be different? Would there be enough to meet our needs?. Video: Fire Department Auction. Public Goods.

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Unit 6: Market Failures and the Role of the Government