Intervention refers to any action taken by the government that influences or affects societal or economic activities beyond what is necessary for maintaining law and order.
Related terms
Regulation: Regulation involves rules imposed by the government on businesses and industries to ensure compliance with standards and protect consumers.
Subsidies: Subsidies are financial assistance given by the government to certain industries or individuals as an incentive or support measure.
Deregulation: Deregulation refers to reducing or eliminating governmental regulations on certain industries or sectors.