Which economy does not always provide public goods for society, such as universal education and health care?Group of answer choicesTraditional EconomyMixed EconomyCommand EconomyMarket EconomyNext
Question
Which economy does not always provide public goods for society, such as universal education and health care?Group of answer choicesTraditional EconomyMixed EconomyCommand EconomyMarket EconomyNext
Solution
The economy that does not always provide public goods for society, such as universal education and health care, is the Market Economy. In a market economy, these services are often provided by private entities and individuals have to pay to access them. The government does not typically intervene to provide these services for free or at a reduced cost.
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