Question

One reason governments exist is to help people overcome the collective action problem in providing _______ goods. select one:

a. private
b. public
c. political
d. factional

Answer 1

The correct answer is b. public

The government provides public goods which would otherwise not be provided by private producers due to lack of incentive or profit as the goods cannot be denied from those that do not pay for them. This include services such as protection of citizens