The incentives for providing public goods tend to be few. Why is this?
What will be an ideal response?
An ideal response will:
1, Note that nongovernmental institutions may lack the necessary resources to provide public goods.
2, Discuss how it is difficult to exclude those who do not pay from receiving the good.
3, Explain how government overcomes the free rider problem by providing the good and requiring everyone to pay for it.
You might also like to view...
In an attempt to enforce the ruling of Brown v. Board of Education of Topeka, presidents ordered military forces to which of the following locations?
A) Little Rock, Arkansas B) Oxford, Mississippi C) Tuscaloosa, Alabama D) all of the above E) Omaha, Nebraska
Mitch Michelson is the incumbent first-term governor of the state of Virginia. At the end of his current term, he wishes to be immediately reelected for the next term
Which of the following reasons best explains his inability to run for election in the second term? A. He does not meet the age requirements for gubernatorial eligibility. B. He does not meet the residency requirements for gubernatorial eligibility. C. In Virginia, governors cannot serve consecutive terms. D. In Virginia, governors can only serve one term. E. He does not meet the citizenship requirements for gubernatorial eligibility.
Which of the following was the first known act of unconventional participation in America?
A) Revolutionary War B) Declaration of Independence C) civil rights marches of the 1960s D) Shays's Rebellion E) Boston Tea Party
The changes in party affiliation over the past forty years were reflected in the fact that by 2014 __________
a. almost 75 percent of Texans identified themselves as independent b. only 5 percent of Texans identified themselves as Democrats c. more Texans identified themselves as Republicans than as Democrats d. the gap between Democratic and Republican party identification in Texas had narrowed to leave the Democrats with a 5 percentage point lead