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What type of good is often provided by the government because it is hard to get people to voluntarily contribute their fair share of the expense?

User Mutiu
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2 Answers

0 votes

Answer:

Public goods

Step-by-step explanation:

Public goods are goods or commodity provided publicly by government to its people freely and without charges.

Government often provides public goods without profit and the provision of this good does not exclude people from using it since its public goods every individual has the right to use it freely. Been use by one individual does not reduce availability to others.

Examples of public goods include fresh air, knowledge, public parks, Public schools,

public water and toilets, street lighting among others which Individual can use without reducing its availability to others and of which no one is deprived .

Government provides this public goods because it will be hard to get people to voluntarily contribute to it.

Therefore PUBLIC GOODS are often provided by the government because it is hard to get people to voluntarily contribute their fair share of the expense.

User Anubhav Pandey
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5.1k points
4 votes

Answer:

Public goods

Step-by-step explanation:

Public goods are often provided by the government because it is hard to get people to voluntarily contribute their fair share of the expense, they are goods or services that is often provided by the government and do not result in financial profit to anybody thus making individuals unwilling to partake in bearing the cost of such goods. Examples are street lights, flood control systems and national defense.

User Aly Hosny
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