Consequences/effects of market failures
Market failure has causes and consequences. This section covers the consequences: the inefficiencies that result, negative and positive externalities, and the ways in which government intervenes…
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What will I learn in "Consequences/effects of market failures"?
This section covers Consequences/effects of market failures as part of The reasons for and consequences of market failures in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.
Is this section aligned with the CAPS curriculum?
Yes. All notes on Hlayiso, including "Consequences/effects of market failures", are written against the official CAPS curriculum and ATP for Grade 12 Economics.
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