Economics Public Goods Questions
The concept of public goods in the context of healthcare refers to goods or services that are non-excludable and non-rivalrous, meaning that they are available to all individuals in a society and one person's use of the good does not diminish its availability to others. In healthcare, public goods can include things like vaccinations, disease surveillance systems, and public health education campaigns. These goods are typically provided by the government or public sector as they are considered essential for the overall well-being and health of the population.