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Why do governments provide public goods?
A. Politicians can win support from constituents by providing public
goods.
O
B. The free market is incapable of providing these essential goods.
O
C. Public goods are necessary to achieve equity and growth.
O
D. Voters demand a wide variety of services from the government.

User Eterm
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2 Answers

2 votes

Answer:

B was the right answer

Step-by-step explanation:

the free market is incapable of providing these essential goods

User Kyle Finley
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4 votes

Answer:

The answer is letter C, Public goods are necessary to achieve equity and growth.

Step-by-step explanation:

What are public goods?

Public goods are the products or services that the government provide to the people, such that no one is deprived. Examples of these are public parks, public roads, national defense, street lights, flood control systems, etc.

They are meant to achieve "equity" and "growth" in the society. Equity means "fairness" to all people. The public goods are provided for free, such that everyone can take advantage of it whether they are rich or poor (non-excludable). Once people consume it, the supply doesn't get smaller so they don't need to worry nor to compete for it (non-rivalrous).

With this information at hand, we can say that the public goods are necessary for growth. This allows access to everyone, does people are able to use them in order to grow. For example, a society uses the flood control systems in order to help them survive calamities.

Thus, this explains the answer.

User Chihwei
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