The government plays a significant role in providing goods such as national defence, infrastructure, education, security, and fire and environmental protection almost everywhere. These goods are often referred to as “public goods”.
Public Goods - The Economic Lowdown Podcast Series
Explanation:
Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
due to Louis XVI extravagant spending in the American Revolution and other factors such as the royal coffers being depleted and absolute monarchy as well as decades of poor harvest and skyrocketing bread prices. Even worse there were heavy taxes.
Answer: The outcome: The Supreme Court ruled unanimously that the President could not remove a Federal Trade Commissioner for a cause other than "inefficiency, neglect of duty, or malfeasance in office." In brief: President Franklin D. Roosevelt asked William E. Humphrey, a member of the Federal Trade Commission, to resign.
The President nominates new members to the Supreme Court, but the Senate must approve them. Hope l helped if not please let me know have a fantastic day.
