Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
Assignment:Freedom of Choice and Intervention

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression).

Examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working. Examples of intervention programs include, but are not limited to:

US agriculture support programs
Low income support programs (Food Stamps, Earned Income Tax Credit, Child Tax Credit, and Temporary Assistance to Needy Families)
Medicaid, Children’s Health Insurance Program, Obamacare
Low income rent controls and housing vouchers

Assignment:Freedom of Choice and Intervention
Government promoting renewable energy sources, discouraging fossil fuel sources
Develop a 16-slide presentation including detailed speaker notes or voiceover including the following:

Describe the intervention and detail its history.
Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
Examine who may be helped and who may be hurt by the selected government intervention.
Examine externalities and/or unintended consequences of such intervention.
Determine the cost trend of the intervention program since its implementation.
Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
Defend the use of or discontinuation of the selected intervention.
Note: The use of tables and/or charts to display economic data over the time period discussed is highly encouraged.

Cite a minimum of three scholarly references.

Format the assignment consistent with APA guidelines.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.