positive externalities exist because the equilibrium price is too high (b)Why are public goods not produced in sufficient quantities by private markets? (2.5 marks) Ans :The main reason is that of free rider problem. Pure public goods have characteristics such as non excludability and non - rivalry. These characteristics gives rise to the free - rider problem. (c)Which of the following are‚ or are not examples of public goods (or services)? Please explain your reason. (1 mark
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Privatizing the Public Sphere The privatization and fragmentation of space in post-industrial urban America is a widespread social problem. As society becomes even more globalized as a result of technological advances‚ the rampant spread of a privatized public realm is ever-increasing. Public space is needed as a center in which to bring people together to share a common place. It is within public spaces that public life unfolds and without public spaces such as parks‚ streets‚ and buildings
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THE TENETS OF BEURAUCRATIC APPROACH IN THE STUDY OF PUBLIC ADMINISTRATION INTRODUCTION A bureaucracy is a way of administratively organizing large numbers of people who need to work together. Organizations in the public and private sector‚ including universities and governments‚ rely on bureaucracies to function. The term bureaucracy literally means “rule by desks or offices‚” a definition that highlights the often impersonal character of bureaucracies. Even though bureaucracies sometimes seem
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said that honey would be kept on your tongue and you would not be allowed to taste; it is impossible. Corruption is the misuse of public power for private profit. It involves those behaviours on the part of government officials‚ whether politicians or civil servants‚ where they improperly and unlawfully enrich themselves or those close to them‚ by the misuse of the public power entrusted to them. Corruption in any where is threat to every here as the saying one rotten apple spoils the barrel. Harshad
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Overview of Central Public Sector Enterprises The government-owned corporations play a pivotal role in the economic development of emerging economies because their participation is higher in the industrial and commercial activities of these economies. Resource constraints and limited scope of the private sector in the early stages of development and planning have set the stage for predominance of the public enterprises in these economies. Thus‚ public sectors in the leading developing countries
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Save Public Education. Quality education nurtures human talent and creativity. It contributes to the personal and professional development of the individual‚ as well as to the social‚ cultural‚ economic‚ political and environmental development of society at large. It promotes peace‚ democracy‚ creativity‚ solidarity‚ inclusion‚ a commitment to a sustainable environment‚ and international and intercultural understanding. It provides people with the critical knowledge; abilities and skills that are
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Public Enemy also reflected many of their Black Power-era nationalist ideas through their album covers‚ music videos‚ and overall aesthetic. Their logo was a statement in itself with the way it depicted a silhouetted figure with his back defiantly turned as he was caught in the target range of a gun. This seemed to imply that Black people were “public enemy number one” who always had a target on their backs in a white supremacist society (Watkins 98). However‚ the defiance that was portrayed in the
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Public policy in the United States is a diplomatic way of addressing issues that need to be dealt with across the country. Some of these issues or problems can be crime‚ international policy‚ health care‚ social welfare‚ and education to name a few. Problems or issues that highlight a need for public policy comes from public opinion by writing letters‚ emails‚ or phone calls to elected officials or from government or other officials. Public policy is based on laws‚ made on behalf of the public‚ and
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courses of actions used to solve these problems are known as public policy. Public Policy can be described as a process that includes seven different steps. These seven steps are used to then tackle domestic problems in our country such as health care‚ education‚ and the environment. The first step in the policy-making process is problem recognition. For there to be a policy‚ there must first be a problem or issue troubling the public that causes them to seek the help of government officials. The
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Public speaking can be a nerve-wracking‚ complex process. However‚ one important aspect should never be forgotten: good speakers are made‚ not born. Even the most polished public speakers today‚ whether politicians‚ motivational speakers‚ spokespersons‚ etc.‚ had to learn and apply the basics of public speaking. Mastering public speaking builds confidence and creates a sense of satisfaction. In a way‚ the ability to be a good speaker allows you a greater sense of personal control. Participation
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