What are the three major reasons for government intervention into a particular problem? Select a substantive issue/problem (e.g., social Security, environmental policy, addressing the recession, etc.) and discuss why the government may intervene for each of the reasons identified. Discuss political, moral/ethical, and market failure reasons for government intervention and what these are. Select any issues (e.g., environmental) and discuss how one might interpret government intervention from each of these reasons.
What will be an ideal response?
Involvement in environmental issues from a political perspective may occur because of pressure from interest groups or a change in public opinion. From a moral/ethical perspective, intervention occurs because protecting the environment for future generations is ethically the right thing to do. It also represents a market failure in which a lot of environmental policy is based on negative externalities.
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Indicate whether the statement is true or false