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

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