market failures
market failures is the plural of market failure.
Meaning of market failure
Noun
market failure (countable and uncountable, plural market failures)
- A situation in which the allocation of goods and services by a free market is not efficient.
- From a policy perspective, market failure should be a matter of concern when market performance significantly deviates from the appropriate efficiency benchmark.2007, Clifford Winston, Government Failure versus Market Failure: Microeconomics Policy Research and Government Performance, Brookings Institution Press, →ISBN, page 3
Questions about market failures
- What is market failures the plural of?
- Market failures is the plural of market failure.
Words near market failures in the dictionary
Source and license
Adapted from Wiktionary: market failures (page history and authors); market failure (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “market failures.” Word.ws, https://word.ws/market_failures. Based on Wiktionary, CC BY-SA 4.0.
