48. Describe the role government should play in correcting for market failures. Make sure to apply Saint Leo’s Core Values to your analysis, remembering that responsible stewardship calls on us to be ‘resourceful’. You should cite specific examples and applications, and take a clear stand on whether you believe the actions of government work towards resolving market failures or not.
This assignment must be a 2-3 page Word Document and use 12 pt. Times New Roman font with proper APA citations.
To live a balanced and healthy life, Saint Leo University emphasizes the development of each individual’s body, mind and body. To enhance the quality of life in our community each member of our Saint Leo University society must show their commitment to the development of their own personal lives (Saint Leo University 2022). An institution of learning can be described as Saint Leo University. We contribute lots of energy together and individually in order to ensure that our students are equipped with the necessary knowledge, skills and qualities needed to be morally responsible leaders. Our success is contingent on the firm dedication to its objectives and mission. While there are many financial markets, they often have market problems. Although the government has a significant impact on the financial markets but there are also a variety of major market failures that require intervention by the government in order to boost their performance as well as the national economy. Its role has been controversial, especially in relation to competition policies direct credit, direct credit, and economic decline (Bryce 2021). The environmental protection agency’s programs as well as laws such as that of Clean Air Act and Safe Drinking Water Act are only two examples of the way it is influencing markets. C
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