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Produce private goods efficiently - PowerPoint PPT Presentation

The Public Provision of Private Goods

The Public Provision of Private Goods. Private vs. public goods. Private goods: benefit just one entity (one person, one corporation) Collective goods: benefit every entity in a community (every firm in an industry, every person in the country). What private goods does the government provide?.

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Produce private goods efficiently - PowerPoint PPT Presentation

The Public Provision of Private Goods