Answered

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4.) You find out that your aunt works for a defense manufacturing company that has several defense contracts with the government she tells you that she works for a team that is producing a communication satellite.

5.) Your class visits a local jail run by a private profit making company that detains county criminals in this paid with tax revenue.

4 You Find Out That Your Aunt Works For A Defense Manufacturing Company That Has Several Defense Contracts With The Government She Tells You That She Works For class=

Sagot :

HalfItalianPotato

Answer:

1) public

2) merit

3) public

4) public

5) individual

Explanation:

1) Fire fighters and their fire prevention can be considered a public good because they are granted free of charge. Public goods are a benefit of being a citizen and are provided. This is an example of a public good for the services are provided for free and without any profit to the owners, such as the government or a different corporation.

2) The goods and services provided are merit goods because they come from the government and the private sector. They were collected by taxes. Your cousin attends a nearby elementary school that is supported financially by local property tax revenue. Being that the case, the goods and services provided are public because they come from the government and the private sector. Taxes are helping the young man get their education. The Government provide merit goods and services to promote consumption and equity. The government considers that consumption would not be based on the ability to pay.

3) The Military spending is not seen as public good, but Defense is. In economics, it is considered that a public good something that's non-rivalrous and also excludable in a way that individuals may not be excluded from using or enjoying the goods without having to pay for it. In the US, both the air that you breathe and public defense are considered public goods.

4) It is a public good as the contracts that the company has with the government is because that the government wants to invest in it as it is in the best interest of its people. The central role of the government in any country is to bring prosperity and this is done by investing in infrastructure and meeting the expectations of its people by investing in different areas which includes defense, communication, transport, infrastructure development, education, health, etc.

5) Individual good is the right answer. An individual good has the characteristic of being exclusive of property rights and rivalry of consumption, meaning that the owner can prevent it from being consumed by anyone and they can be consumed by individuals without affecting their availability to other individuals. In the example, it only gets sustained by the local taxes and only puts behind bard the county criminals and not any criminal, so this is why individual good fits the answer

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