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From your surroundings, list two goods or services that are provided by the government (for example: roads, streetlights, parks, police, and so on). Choose one of the goods you listed and answer:

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Question

From your surroundings, list two goods or services that are provided by the government (for example: roads, streetlights, parks, police, and so on). Choose one of the goods you listed and answer:

  • Who does benefit from it?
  • Why would it be difficult for a private company to provide this service on its own?
  • Imagine the government stops providing this good or service; what problems might people in your area face?
Short Answer
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Solution

  • Everyone in the community benefits.
  • Because it benefits everyone and does not generate enough profit for private companies. People can use these services without paying and often wait for others to pay.
  • People would face inconvenience, unsafe roads, poor transport facilities, and an increased risk of accidents.
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Chapter 9: The Price Puzzle: What Drives the Market - Intext Questions [Page 207]

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NCERT Social Science Understanding Society India and Beyond Part 1 [English] Class 9
Chapter 9 The Price Puzzle: What Drives the Market
Intext Questions | Q 13. | Page 207
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