|
|
Government Intervention in Markets - Mind Map
Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.
View larger version of the mind map.
- Buffer Stocks
- Use of stocks to influence supply
- Purchase of stocks in surplus
- Sale of stocks in shortage
- Cost of Storage
- Cost of setting up the scheme
- Price Controls
- Maximum Price
- Minimum Price
- Distorting Effects
- Black Markets?
- Price Stability Schemes
- Excess Supply?
- Excess Demand?
- Lack of Perfect Knowledge?
- Income Guarantee Schemes
- What level?
- Difficulty of reading the market
- Long term effects on trade
- Difficulties of future adjustment
|
