Question

Make a list of private and public goods and try to explain hoe private goods can be protected with the protection of public goods

Answer 1

The list of private and public goods includes

(i) Public Goods: Roads, Malls, Public Transport etc.

(ii) Private Goods: Cell phone, Car, House etc.

When public goods are protected, it is easy for a person to acquire private goods.

The person can rely on the government for the public goods and the use of private goods is easier and protected.