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A descriptive overview of product regulation in South Africa

Magister Commercii - MCom / The private market, if left to its own devices, often fails to achieve economic and social
efficiency. Some of the problems relate to the existence of externalities, the inability to
provide public _..goodsand services, lack of information and failure to achieve other
objectives such as greater equality, sustainable economic growth, higher levels of
employment and stable. prices. It is these instances of market failure that provide the
major justification for government intervention in the market.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uwc/oai:etd.uwc.ac.za:11394/7784
Date January 2004
CreatorsGoliath, Venecia Patricia
ContributorsStoltz, E.AP.
PublisherUniversity of the Western Cape
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
RightsUniversity of the Western Cape

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