IB assignment – 750-800 word commentary using the attached article on the key concept – government intervention

Write a 750-800 word commentary using the attached article on the key concept –  government intervention for IB assignment

The commentary must:

·       explain the links between the article, the key concept (Govt. Intervention) and economic theory from Microeconomics.

·       demonstrate economic insights into the implications of the article (that is, it should discuss events from the point of view of an economist).

The commentary should use relevant, labelled economic diagrams to illustrate wherever necessary. 

It must use economic terminology throughout. It must refer to and use the key concept, “Intervention” throughout the commentary.

And, the economic theory should be applied to the article throughout the commentary with effective economic analysis. 

Judgements are done on the information provided in the article which are supported by balanced reasoning.