An Example of a Public Good Is

question 86

Multiple Choice

An example of a public good is

• A)apples on a tree in a public park.
• B)insurance.
• C)street lighting.
• D)air travel.
• E)municipal transit service.

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Definitions:

Small Business

In Canada, a business that has 5–100 employees, is independently owned and operated, and does not dominate its industry.

Franchise

What results when one business owner sells to another the right to operate the same business in another location.

Necessity-based Entrepreneurship

Entrepreneurial activities that are initiated as a result of a lack of viable employment options, leading individuals to start their own business to sustain themselves.

Quest for New Opportunities

The proactive and continuous search for new avenues for growth, improvement, or competitive advantage.