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\nUnderstanding Public Goods and Market Failure\n

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\nThis video is a lesson on public goods and their characteristics. The video begins by defining and explaining private goods. The video then goes on to define public goods. The video also discusses non-pure public goods, which exhibit...\nThis video is a lesson on public goods and their characteristics. The video begins by defining and explaining private goods. The video then goes on to define public goods. The video also discusses non-pure public goods, which exhibit some but not all characteristics of public goods.\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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10:51
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Grade
12th - 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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\nKnowMo Economics\n\n
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Date
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2018
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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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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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economics, consumption, light
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Additional Tags

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a-level, lectures, micro, market, failure, 9.2a, public, goods, public good, toll road, market failure, diminished ability, missing market, free riders, key characteristics, private army, state provision, rival goods, roads, state, characteristics, left, road, good, directly, people, army, rivalry, rival, beach, prevent, amount, excludable, unit, order
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Public Goods and Market Failure\" href=\"/subscription/new\">\"Understanding\n\n
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