to encourage consumers to buy more energy-efficient appliances, the government offers cash rebates to consumers who purchase products that have received energy star certification. this is an example of which type of government intervention?

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13-09-2022
Business

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to encourage consumers to buy more energy-efficient appliances, the government offers cash rebates to consumers who purchase products that have received energy star certification. this is an example of which type of government intervention?

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mapooja789 mapooja789 · Answer 1 · 2022-09-17T14:43:12-04:00

To encourage consumers to buy more energy-efficient appliances, the government is offering cash refunds to consumers who purchase Energy Star-certified products. This is an example of government intervention in the form of subsidies to buyers.

So-called governmental intervention means that governments professing to be regulators or market regulators deeply intervene in trading disputes between market participants and use public and private sectors to resolve trading disputes in the course of market leadership. Indicates when resources must be mobilized. Taxes, subsidies, price controls, regulations, minimum wage laws, and government bailouts are examples of different types of government intervention in the economy.

Governments can intervene to provide basic safety nets such as unemployment benefits and minimum income for the sick and disabled. This will increase the country's net worth and help individuals escape the worst of poverty. This national intervention can also prevent social unrest caused by extreme inequality.

Learn more about government intervention here: https://brainly.com/question/13921660

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