Examlex

Solved

Several Pacific Countries Have Used the Information Technology Revolution, Sometimes

question 30

True/False

Several Pacific countries have used the information technology revolution, sometimes in corrupt ways, to generate revenue. ​


Definitions:

Nonexcludable

A characteristic of a public good, indicating that it is not feasible to prevent non-paying customers from consuming the good.

Excludable

An excludable good is one from which it is possible to prevent people from benefiting unless they have paid for it.

Public Good

A good or service offered to every member of a society for free, provided by either the government or a private entity or group, without seeking profit.

National Defense

Governmental and military measures designed to protect a country from external aggression and threats.

Related Questions