ADM 614 Week 3 Government in the Economy
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Write an essay of 1,000-1,250 words regarding public goods. Include the following:
- Explain what a public good is.
- Discuss how a public good is different than a private good.
- Discuss whether only government can supply a public good.
- What are the challenges related to public goods.
- How should the “free rider” problems be addressed?
Be sure to cite at least three relevant scholarly sources in support of your content. These sources can include trade journals and think tank reports. Use only sources found at the GCU Library or those provided in Topic Materials.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.