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Submit the completed assignment to your teacher. 1. What are two characteristics of public goods? 2. What makes a private good unique? 3. Explain what
Submit the completed assignment to your teacher. 1. What are two characteristics of public goods? 2. What makes a private good unique? 3. Explain what a free rider is and give an example of a good used by a free rider. 4. How are you personally affected by public goods? Give an example. 5. What if the government stopped providing schools, how would you be able to obtain an education? What would be the impact of schools being moved from a public good to a private good? Directions: Review the list of goods/services below and fill in the chart indicating who pays (1=individual or T=taxpayers), who benefits (1=individual or A=all), and who provides the good/service (P=private business or G=government). Predictions: On 1% Accessibility: Investigate
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