Critically evaluate the following statement. "Automobile manufacturers continue to produce cars that are dangerous. Therefore the industry should be considered as a market failure and safety mandates should be imposed by the government to insure that all cars are completely safe."

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The Answer of Critically evaluate the following statement. "Automobile manufacturers continue to produce cars that are dangerous. Therefore the industry should be considered as a market failure and safety mandates should be imposed by the government to insure that all cars are completely safe."

Critically Evaluate the Following Statement