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Professional.nger on Top? Educational T..a University Login - Marym..a University Student Portal Login YouTube to mp3 Music Module 2 Assignment Chapter 4 Assignment Saved 12 Use the distinction between the characteristics of private and public goods to determine whether the through the market system or provided by government a. French fries: (Click to select) b. Airport screening: lick to select) c. Court systems: Click to select d. Mail delivery: Click to select) e. Medical care: Click to select) 10 points eBook Print ReferencesExplanation / Answer
Introduction:-
Goods can broadly be categorised on the basis of those that provide us with them, some goods basically essentials and goods that have an impact on nation building and security are given to us by the governement directly. The level of involvement is something which differs across various countries, while others are sold to us directly by private players. Therefore these are the two major segments in which we can distribute goods.
Answers:-
A) French fries have nothing to do with the governement and the government plays no role in this. Therefore it can be said that french fries are provided through " The Market System"
B) Airport screening has a wide impact on national security and therefore is independently conducted by the government of a country therefore it can be said that this is "Provided by the government".
(C) Court systems have a wide impact on social security and justice and there is no country in the world that sublets this to the private players. Therefore it is correct to say that this is "Provided by the government"
(D) Mail delivery over the years has transformed from a government provided good to something that becomes market oriented and global in nature it can be said that this is provided by the " Market System".
(E) Medical delivery brings social well being and countries spend a lot of budget to improve the healthcare facilities in the country. While these are also available privately, but it is reasonable to say that the government has a bigger role to play in the medical delivery and ensuring that it reaches even the remotest corners of the country, Therefore this is "Provided to us by the government".
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