asked 33.1k views
3 votes
Explain why the private sector is reluctant to produce public goods

1 Answer

5 votes
The private sector understand know how to clearly give customers what they want and need but it is hard to do that as a collective need and often satisfies different consumers for different reasons. Because they are unable to satisfy everyone all of the time with the same needs and wants, it is better to leave the government in control of security, defense, highways and things that are a standard need for everyone. 
answered
User Prospero
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.