Business Studies, asked by chirudandekar, 29 days ago

which economy
alone cannot provide public goods
like efficient electricity grids, sanitation or
public transportation​

Answers

Answered by amanji7267
0

Answer:

alone cannot provide public goods

like efficient electricity grids, sanitation or

public transportation

Answered by Anonymous
0

A market place can not provide public goods.

  • The majority of economic arguments for government intervention are founded on the premise that the market is incapable of providing public goods.
  • Further they are not very efficient for dealing with externalities and can not stand alone provide infrastructure, sanitation etc.
  • Public goods include public health and welfare programs, education, transport, research and development, roads and highways, national and domestic security, and a clean environment.
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