Last Updated
:2025/11/29
market failure
Noun
countable
uncountable
Japanese Meaning
自由市場が効率的に資源を配分できない現象。 / 市場メカニズムのみでは最適な資源配分が達成されない状態。
( plural )
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(economics) A situation in which the allocation of goods and services by a free market is not efficient.
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market failure
The economist warned that market failure could leave rural areas without essential healthcare services.
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The economist warned that market failure could leave rural areas without essential healthcare services.
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