One Reason That Governments May Find It Useful to Sponsor

question 29

True/False

One reason that governments may find it useful to sponsor universities and basic research is that to a large extent knowledge is generally a private good.

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Definitions:

Organic Chemistry

The branch of chemistry that studies the structure, properties, composition, reactions, and synthesis of compounds that contain carbon.

Synthesis

Synthesis refers to the process of combining two or more components to produce a compound or complex whole, a common concept in chemistry for creating new substances.

Pharmaceuticals

Medicinal drugs manufactured for use in medical diagnosis, treatment, or prevention of diseases.

Lewis Theory

A concept in chemistry that explains chemical bonding based on the loss, gain, or sharing of electrons in the outermost shell of atoms or molecules.