REASONS WHY GOVERNMENT INTERVENES IN THE ECONOMY OF A NATION1. To improve the economic performance2. To correct a failing market

3. To ensure equitable distribution of the common wealth

4. To alleviate poverty

5. To protect its foreign reserves

6. To reduce market monopoly in order to reap the benefits of an open and competitive market

7. To control inflation in the economy

8. To promote national unity via schemes such as the NYSC

9. To promote human capital development

10. To improve the literacy level of the nation through programmes such as the Universal Basic Education (UBE)

11. To ensure the rule of law

12. To provide information and ensure that it flows properly

13. To promote equality

14. To provide subsidies on essential commodities and products