Government intervention:

Government intervention is an action taken by a government in a

market economy or market-oriented mixed economy, beyond the
basic regulation of fraud and enforcement of contracts, in an effort
to affect its own economy.

Aims of government intervention:

Government can be aimed at a variety of political or economic

objectives, such as

-promoting economic growth,

- increasing employment,

- raising wages,

-raising or reducing prices,

- promoting equality,

-managing the money supply and interest rates,

-Increasing profits, or addressing market failures.

The term economic intervention assumes the state and economy are
inherently separate from each other, and therefore applies to
capitalist market or mixed economies where government action
would make an "intervention" (although this does not apply to state-
owned enterprises that operate in the market).

Economic planning in market economies is sometimes considered to

be a form of intervention when it intervenes in the setting of prices
and the distribution of goods determined by the market.