All of the Following,except One,are Valid Reasons Why Many Governments

question 64

Multiple Choice

All of the following,except one,are valid reasons why many governments provide quasi-public goods?

• A)Because collecting fees from users might be too costly.
• B)Because market competition is sometimes inefficient in the provision of certain services.
• C)Because quasi-public goods produce extensive externalities.
• D)Because private firms would not be able to provide those services.

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Definitions:

Sociologist

A scientist who specializes in sociology, focusing on the systematic study of social behavior and societal structures.

Organization

A group of people structured systematically to achieve specific goals or perform tasks.

Industrial Revolution

The period of major industrialization that took place during the late 1700s and early 1800s, transforming economies into ones based largely on machinery and mass production.

Social Transformations

Significant changes in the structure, organization, and dynamics of a society, often leading to different social practices and norms.