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The free market is incapable of providing these essential goods.
Private companies cannot profit by providing them.
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∙ 10y ago
Masimbaashe Masimbe
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Why did parents pressure local governments to reform public schools?
to provide opportunities for sports and other extracurricular activities
What do all governments provide their citizens with?
The governments should provide their citizens with all their human and universal rights as described by the constitution. All governments for instance are supposed to guarantee the safety of their citizens.
What are the five powers possessed by the national government but not by the states?
The state government has the power to regulate commerce and provide security. Other powers include establishing local governments, ratify constitutional amendments and provide public health care.
In some ways all governments are similar how?
You need to say which 3 governments you are refering to. Without this information the question cannot be properly answered.
Which of these powers is reserved for state governments?
Setting up public schools ~ apex.
Can the market provide a public good on its own?
can the market provide a public goods on its own? government policies about public goods?
What kind of services do governments provide that people cannot provide for?
PUBLIC
Why is it difficult for private industry to provide public goods?
Private industries mainly work for profit purpose. If they provide public goods then it has to be priced at lower rates which will diminish their profit margins. Thus, it is difficult for private players to provide public goods.
What goods and service should the public sector provide?
This is one of the basic economic questions. But these judgments are based on decisions governments make, maybe in a year or even in a day. They may choose to provide better education and healthcare, or improve the public transportation system.
What is another term for payments of money toward governments for public goods?
Taxes
For which expense do state governments provide financial help to their local governments?
Education and public schools
In what case does state governments provide financial help to their local governments?
Education and public schools
Why are private companies unlikely to provide public goods'?
The non-excludability of public goods makes it difficult to profit from them.
Why is there a tax on imported goods?
Taxes on foreign goods provide many governments a way of collecting revenue without creating the public outrage typically associated with increasing income taxes, sales taxes, or other more direct taxation methods.
What are City Governments created to do?
to provide masses of people with certain public services.
When might it be desirable for a government to act as producer of goods and services with regards to economics?
Discussion of areas of market failure. This will be expressed in general terms - syllabus mentions the government as a producer of goods and services but does not deal with public and merit goods.
The government needs to provide to provide public goods for what reason?
private companies can not benefit by providing them
