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\nPublic Goods and Externalities\n

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\n\nPublisher:\n\nProfessor Dave Explains\n\n\n
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\nIn a free market, there are certain things that the government must provide that the marketplace cannot. These are called public goods, and they include things like schools, roads, parks, and many other things. These are the things that...\nIn a free market, there are certain things that the government must provide that the marketplace cannot. These are called public goods, and they include things like schools, roads, parks, and many other things. These are the things that make up a nation's infrastructure. What should be a public good and what should not? What is the free rider problem? What are externalities, and are they good or bad? Let's dive into all of this!\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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6:01
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nProfessor Dave Explains\n\n
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Date
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2021
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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public goods, society, cost, education, economy, funding, economics, externalities, capitalism, governments
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Additional Tags

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shared goods, free rider problem, free market economy, positive externalities, negative externalities, public good, directly pay, public sector, private sector, public, good, paid, efficiently, state, bridge, services, citizens, drivers, drive, number, benefits, part, increase, benefit, answer, question, service
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Classroom Considerations

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Best For: Explaining a topic
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Educator Ratings

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