Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
68 views
in Economics by (94.6k points)
closed by
Explain why public goosds lie roads, police, parks must be provided by the government.

1 Answer

0 votes
by (93.6k points)
selected by
 
Best answer
Public goods such as parks, roads, water supply, bridges, national defence, etc are the goods which people urgently need for their day-to-day living, but . market mechanism cannot produce these goods in sufficient quantities, due to its features of non-rivalrous and non-excludable in consumption. Therefore, these goods need to be provided by the government.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...