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What is the general solution for dealing with the market failure of public goods?

User Xnakos
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Final answer:

The general solution for market failure of public goods is for the government to intervene and provide these goods.

Step-by-step explanation:

The general solution for dealing with the market failure of public goods is for the government to intervene and provide these goods. Public goods are goods that are difficult to exclude people from using, even if they do not contribute to paying for their creation. One example of a solution is for people to come together through the political process, agree to pay taxes, and make group decisions about the quantity of public goods. By requiring everyone to contribute through the law, the issue of free riders can be addressed.

User Nigel Earle
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