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There are times when markets fail to allocate capital or technology in a manner that provides...

There are times when markets fail to allocate capital or technology in a manner that provides the greatest benefit for society as a whole. The _____role is to correct these failures Select the correct answer below

economy's

government's

Individual's

law's
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Answer #1

Here, option B is correct that is government.

Generally, government works for welfare of the people.

And if in any economy, there are times when market fails to allocate capital or technology in a manner that provides the greatest benefit for society as whole then government role is correct this failures.

All the other option are quite irrelevant.

So, option B is appropriate.

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