Free entry and free exit contribute to the competitiveness of a market. However, there have been instances in foreign countries and in the United States in which the government has intervened by saving failing businesses. Please address at least two of the following discussion points (they are interconnected). Please make sure that your post is exhaustive, clear and that you provide at least three solid references. Please feel free to expand the discussion point if you wish but only after you have exhaustively addressed at least two of the prompts below: Describe an instance in which a government (within the U.S, or abroad) has “bailed out” a company. Do you think that the government should intervene with free markets and save failing businesses? How do you think this type of intervention impacts the other firms in the same industry and the entire industry as a whole?
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