ECON1
WWW.AQUINASECONOMICSAS.CO.UK
@AQUINASECONOMIC
Introduction to Government
Answer all the questions below
1. Research ...
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Introduction to government

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AQA, Aquinas, Economics, ECON1, Markets, Market Failure

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Introduction to government

  1. 1. ECON1 WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC Introduction to Government Answer all the questions below 1. Research the following information Job Office Holder First Lord of the Treasury Chancellor of the Exchequer Governor of the Bank of England Head of the Financial Conduct Authority Secretary of State for Business Chief Secretary to the Treasury Head of the Office for Budget Responsibility 2. Why would a government intervene in a market? 3. Are there reasons other than economic reasons that a government may decide to intervene in a market 4. Using your economic knowledge explain 2 occasions whereby the UK government has had to intervene in the economy

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