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  • Y10 IGCSE Economics Market Failure Worksheet: An Example)

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    Wai Leong Edward Low
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    This document provides a framework for identifying and analyzing a real-world example of market failure. Students are prompted to name a specific market failure, define the term by using their example, explain how their example fits the definition, suggest a potential government solution to the failure, and analyze how effective the solution may be.

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    This document provides a framework for identifying and analyzing a real-world example of market failure. Students are prompted to name a specific market failure, define the term by using their example, explain how their example fits the definition, suggest a potential government solution to the failure, and analyze how effective the solution may be.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    209 views3 pages

    Y10 IGCSE Economics Market Failure Worksheet: An Example)

    Uploaded by

    Wai Leong Edward Low
    This document provides a framework for identifying and analyzing a real-world example of market failure. Students are prompted to name a specific market failure, define the term by using their example, explain how their example fits the definition, suggest a potential government solution to the failure, and analyze how effective the solution may be.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 3

    Y10 IGCSE Economics

    Market Failure worksheet


    IDENTIFICATION (identify a real life market failure):

    DEFINITION (full and accurate definition of market failure-use the above as


    an example):

    EXPLANATION (How does your example match the definition of a market


    failure?):

    POSSIBLE GOVERNMENT SOLUTION (What is or could the Government do to


    fix the failure?):

    ANALYSIS (How effective do you think the Government solution would be?
    Why?):

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