Which of the following does NOT come under the category of Public Goods?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Food items.
- Public goods are commodities or services that benefit all members of society, and which are often provided for free through public taxation.
- The government plays a significant role in providing goods such as national defence, infrastructure, education, security, and fire and environmental protection almost everywhere.These goods are often referred to as “public goods”.