Economics Public Goods Questions
Public goods in the context of public safety agencies refer to goods or services that are provided by the government or public sector to ensure the safety and security of the general public. These goods are non-excludable, meaning that once they are provided, it is difficult to exclude anyone from benefiting from them. Additionally, they are non-rivalrous, meaning that one person's consumption of the good does not diminish its availability for others. Examples of public goods in the context of public safety agencies include police protection, fire services, emergency medical services, and disaster response.