question archive Give an example of a public good and describe why it's a public good

Give an example of a public good and describe why it's a public good

Subject:MarketingPrice:2.88 Bought18

Give an example of a public good and describe why it's a public good. Should the government provide this good? Why or why not?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

An example of a public good is national defense. Nation defense is a service that the government provides to protect the entire nation from any security threat. National defense is a public good because the government provides the good freely to anyone regardless of their contribution to the national revenue.

Should the government provide this good? Why or why not?

Yes, the government should provide this public goods.

The government should provide public goods because public goods are expensive. It would be impractical and impossible for most people within a nation to provide public goods independently. For example, if everyone were to provide security for themselves, it would be unfair because the poor would not be able to secure themselves because it is costly. Thus, leading to unfair treatment in society.