Because of the Free-Rider Problem

question 39

Multiple Choice

Because of the free-rider problem,

• A) competitive markets will tend to undersupply public goods.
• B) the federal government spends too much on national defense.
• C) fireworks displays have become increasingly dangerous.
• D) poverty has increased.

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Definitions:

Piaget

A Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.

Harlow

Refers to Harry Harlow, a psychologist known for his research on maternal separation and social isolation in rhesus monkeys.

Vygotsky

Lev Vygotsky, a Russian psychologist known for his theory on social development and the concept of the Zone of Proximal Development.

Formal Operations

The stage in Piaget’s theory of cognitive development where adolescents and adults develop the ability to think about abstract concepts and logically test hypotheses.