Answer:
Revenue will be used to fund government programs and build infrastructures.
Explanation:
In order to develop a nation, the government need to provide various programs and institutions for the citizens' disposal. They need to exist in order to provide proper ways for the citizens to generate wealth.
For example, Revenue is needed to fund the constructions of public schools. The citizens could use these schools to obtain the necessary education that they need for their jobs in the future. Another example would be providing subsidies for small businesses (such as farmers, local eatery, or small manufacturing company)
Richard provides a social comparison in the case above. Social comparison is a way of having a determinants of an individual's worth in terms of socially or physically in relation to other people. It could be seen above above as they try to evaluate and compare the relationship and worth of the siblings of Jose.
Answer:
Public goods are better than other goods.
Explanation:
A public good is a product that one person can consume but still it can be available for another person. Another one would not be deprived for the same. This makes public good non-rivalrous. For instance, public park is a public good. If person A is using it, B can also use it at the same time. Services like fire and police are also public goods and are available to all at the same time. Thus, public goods are mostly publicly financed and hence are better.
Private good like a piece of pizza can only be eaten only person 'A' at a given time. Person 'A' can exclude others from eating it unlike a public good.
Answer:
chuv
Explanation:
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