Free education and healthcare are great examples of public goods. This means they benefit everyone in a community, and no one is left out. Let’s break it down:
Non-excludability:
Non-rivalry:
External benefits:
In short, these services help everyone have a fair chance. They make sure that all community members can enjoy the benefits of a strong and healthy society.
Free education and healthcare are great examples of public goods. This means they benefit everyone in a community, and no one is left out. Let’s break it down:
Non-excludability:
Non-rivalry:
External benefits:
In short, these services help everyone have a fair chance. They make sure that all community members can enjoy the benefits of a strong and healthy society.