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\nMarket Failures, Taxes, and Subsidies: Crash Course Economics\n

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\n\nPublisher:\n\nCrash Course\n\n\n
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\nThis week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often...\nThis week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often governments step in to provide those services. Stuff like public education or military protection are good examples of market failures. So, what are some of the ways governments address, market failures? Well, it's funny you should ask, as we also talk about that in this episode. We'll get into taxes and subsidies and externalities and a bunch of other important stuff this week on Crash Course Econ.\n
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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11:40
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nCrash Course Economics\n\n
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Date
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2016
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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money, countries, endangered species, pollution, externalities, air pollution, markets, economics, climate change, fish
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Additional Tags

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national defense, good, tv factory, federal taxes, extra credit, crash course, limit, market, market failures, negative externality, production, external costs, fire protection, external benefits, costs, similar proposition, made, commons, small catch, free markets, factory
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