Relationship between Government and Market



Relationship between Government and Market

Introduction

The relationship between a business market and government is really complicated with having aspects both positive as well as negative in terminology of what can be known as the 'public good'. For making things much more complicated than before, public good notions change by depending on the ideology of a person. However, a complete and accurate comprehension of this relationship highly requires a focal analysis of the three chief political economy's theories.

Discussion

The market structures are referred to the particular social interactions that take place between sellers and buyers in a ...