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Why don't private businesses often develop public goods? Why do we rely on the government to provide these?
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Why don't private businesses often develop public goods? Why do we rely on the government to provide these?

User Marces Engel
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1 Answer

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Because the private market is profit-driven, it produces only those goods for which it can hope to earn a profit. That is, it will not produce public goods.
User Nerissa
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