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Meaning of government failure | Babel Free

Noun CEFR B2

Definitions

A situation in which a government intervention causes an economic inefficiency that would not exist in a true free market.

countable, uncountable

Equivalents

Deutsch Staatsversagen

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Government Hill Government House government issue government man government name government note