Explain the difference between public goods and private goods.

2 answers:

6 0

Public goods is, like a grocery store you buy it from a store. Private goods is, you buy it from someone you know and you like. Kinda like trade

kupik [55]3 years ago

6 0

Answer:

Public goods are either provided by nature or government whereas private goods are provided or manufactured by entrepreneurs who make them in order to earn profit.

You might be interested in

2 things that Federalists believed.

spayn [35]

Beliefs of both Federalists and anti-federalists:

After the proposal of the new Constitution in the United States in 1787, the process of ratification became a prime subjects of argument as there arose two side to debate on it. Those who were in favour of the ratification and activation of new Constitution were termed as Federalists whereas those who were not thinking so, called the anti-federalists. Here are the prime beliefs of both the sides.

The Prime beliefs of both sides on the new Constitution's ratification

Belief of Federalists:

The proposed Constitution was important for the survival and further development of the nation.
A strong Government was necessary to excel after the previous failed Confederations.

Belief of Non-Federalists:

The powers of the government, mentioned in the constitution was specifically granted and prohibited for doing more than that.
The powers were separated into three groups rather than giving the complete authority an individual to control tyranny.

The Constitution provided the system of checks and balances which wasn't required as all the branches were able to take care of their checks and balances.
The Constitution provided addendum powers to the federal courts at the expense of the domestic courts which was unfair.

5 0

3 years ago

What best describes the political divide between north and south during the election of 1860

nadya68 [22]

Answer: The issue of slavery.

The North and South were strongly divided during the election of 1860 between Abraham Lincoln (Republican Party), Stephen Douglas (Northern Democrat), John C. Breckenridge (Southern Democrat) and John C. Bell (Constitutional Union Party).

The Northern states were in favor of ending slavery because they were Industrial states, the majority of the population worked on factories and lived in big cities and slavery had died in those states. In the South agriculture was predominant they focused on large-scale farms and crops of tobacco and cotton,and they didn't want slavery to end. 

6 0

4 years ago

The image below illustrates a right protected in the Bill of Rights. A man in a suit stands at a podium in an office speaking to

horsena [70]

The answer is Freedom of press because one of the people in the room are recording while he is speaking and the in the room who are in the crowd is a press

4 0

4 years ago

Read 2 more answers

What are some ways that a new mining project would impact the area in which it is located?

aliya0001 [1]

"New jobs, degradation of local culture, and long-term environmental problems" represent some ways that a new mining project would impact the area in which it is located, since these projects often bred fierce competition and waste being spread into local ecosystems.

7 0

4 years ago

Which situation shows a constant rate of change? A. The number of goals scored in a soccer game compared with the minutes played

Dominik [7]

The answer is D. good luck ;''''

3 0

3 years ago

Read 2 more answers