Grade 6-8, 9-12
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Video
Market Failures Video and Quiz
Updated: September 12 2023,
Author: barrel fan
Standards
Concepts
![](https://econedlink.org/wp-content/uploads/legacy/EconEdLink-215-market-failures.jpg 1w)
This video teaches the concept of Market Failures. There are certain well-recognized conditions under which market failure occurs; this means either that a market transaction affects third parties not involved in the transaction or that a market has difficulty in providing certain kinds of products.