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Social Sciences and History / Unit 16   SSH 1525 short lesson, about 20 seconds

Public Goods: Government's Typology and Economics'

Captions available

The idea

American government sorts four kinds of goods at 0602 by access and supply, and unit 08's 0738 uses the looser phrase for the safety net. Microeconomics carries the same terms behind market failure. The exam's government and economics bands both ask what government provides and why markets do not.

In practice

Nonexcludable, nonrivalrous.

Where people slip

Unit 08's usage is looser, recorded.

Your place on the trail

Every lesson rests on earlier ones and opens later ones. Tap any to jump.

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