Analyze the arguments for government intervention as opposed to arguments for market-based solutions. | Homework Help

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression).

Examine one case of significant government intervention as it relates to Medicaid, Children’s Health Insurance Program, Obamacare.

Develop a 16-slide presentation including detailed speaker notes or voice over including the following:

• Describe the intervention and detail its history.
• Analyze the arguments for government intervention as opposed to arguments for market-based solutions.
• Examine who may be helped and who may be hurt by the selected government intervention.
• Examine externalizes and/or unintended consequences of such intervention.
• Determine the cost trend of the intervention program since its implementation.
• Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.
• Defend the use of or discontinuation of the selected intervention.

Note: The use of tables and/or charts to display economic data over the time period discussed is highly encouraged.

Cite a minimum of three scholarly references.

Format the assignment consistent with SPA guidelines.