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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.


 


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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....
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