- Messages
- 43
- Reaction score
- 3
- Points
- 8
Hey we also hd to write about public goods in the question didnt we? Because a government will think of producing the public good? Im so scaredddd. I messed this question up :/question was : discuss why a government might choose to run a private good like train travel.
i gave the introduction of private good
then private sectors approach towards the project and goverment's approach
i gave the example of how there would be over production or under production if externalities exist if controlled by a private sector but government pricing would include all that
i explained private sector might involve in monopoly
oh god i forgot to explain government's weaknesses like it may not be an expertise
probably get a 7