What Explains the Increased Use of the Initiative Process in the Past

question 63

Essay

What explains the increased use of the initiative process in the past few decades?

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Definitions:

Public Good

Goods or services that are distributed to all individuals within a society without charge, presented by either public authorities or private entities, not for profit motives.

Free-rider Problem

A situation where individuals or entities benefit from resources, goods, or services without paying for them, which often leads to under-provision of those goods or services.

Private Firms

Businesses that are owned by individuals or groups of individuals and are not controlled or operated by the government.

Public Good

A public good is a commodity or service that is made available to all members of a society, typically by the government, and is characterized by non-excludability and non-rivalry in consumption.