market failure
Noun
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Noun
market failure (plural market failures)
- (economics) A situation in which the allocation of goods and services by a free market is not efficient.
- French: défaillance du marché, défaillance de marché
- German: Marktversagen
- Italian: fallimento del mercato
- Portuguese: falha de mercado
- Russian: прова́л ры́нка
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.005