Government Intervention Law and Legal Definition
Government Intervention is actions on the part of government that affect economic activity, resource allocation, and especially the voluntary decisions made through normal market exchanges. Government, by its very nature, is designed to intervene in voluntary market activity. Some of the more common types of government intervention includes taxes, price controls, assorted regulations, and control over government spending. The general justification for government intervention is that voluntary decisions by consumers and businesses fail to achieve efficiency or other goals deemed important by society.
Legal Definition list
- Government in the Sunshine Act
- Government Furnished Equipment [Aeronautics and Space]
- Government Funding
- Government Facility
- Government Escheat
- Government Intervention
- Government Mortgage
- Government National Mortgage Association [GNMA]
- Government Obligation
- Government of a Foreign Country
- Government Owned Invention [Patents]
Related Legal Terms
- Abuses of Governmental Power Identified Under “Watergate”
- Accompanying the Federal Government Outside the United States
- American Federation of Government Employees (AFGE)
- Attorney for the Government
- Batterer's Intervention Program [BIP]
- Certified Local Government
- City Council-Manager Government
- City Mayor-Council Government
- Consumer and Governmental Affairs Bureau
- De Jure Government and De Facto Government
