Economics Online
Economics Online
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Market Failures
Home Business Economics Definitions Global Economics Managing the Economy Competitive Markets Market Failures Search
Many young people dream of being able to make a living from posting digital content on social media.

The Creator Economy: Why Attention Is the New Currency

Millions of young people want to become paid content creators through social media apps. Are we about to see labor market disruptions from Gen Zers dropping out of traditional jobs to become influencers?...
5 min read
Market failure
Definitions

Market failure

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Market failure – definition

A market failure is a situation where free markets fail to allocate scarce resources efficiently. These can be complete or partial.

  • Markets work well when certain conditions are met.

  • Read more on market failures.

 

Previous Post Maximax and maximin

Maximax and maximin

Next Post Market

Market

By producing, distributing, advertising, selling, and servicing its own vehicles, most major automakers are vertically integrated.

How Vertical Integration Is Reshaping Consumer Markets

Many large companies pursue vertical integration, or acquiring other firms that are necessary in the process of getting a good to customers. These acquisitions, though expensive initially, can reduce cost and boost quality....
5 min read

Recent Post

Emerging Business Trends in the UAE: 2025 and Beyond
Emerging Business Trends in the UAE: 2025 and Beyond
May 20, 2025
Will AI-improved autopilot programs reduce the need for humans in airliner cockpits?
AI in the Workforce: Substitution, Complementarity, and Wage Pressures
May 18, 2025
Many consumers are taking advantage of BNPL services to break up expensive payments into four or more installments.
How Buy Now, Pay Later Is Changing Household Finance
May 18, 2025

Tag Cloud

Behavioural economics Business economics Competitive markets Crypto Definitions Factors of production Forex Trading Global economics Information Failure Labour markets Managing the economy Market Failure Market failures Profiles Questions Quiz Right Rail Uncategorized Updates YouTube

Navigation

Privacy Policy Terms of Service About Us Contact Us

Follow Us

© All Rights Reserved - Bright X Media LLC - EconomicsOnline.co.uk 2008 - 2024