1. Public
Goods & Services

2. Public Goods & Services
Complete the preview activity on your own.

3. Public Goods & Services
Governments
__________________ provide public goods and services that individuals acting alone could not provide efficiently.

4. This means that if the government didn't provide them, most of us wouldn’t be able to afford them if we had to provide them for ourselves.

5. Public Goods & Services
Characteristics of Public Goods and Services:

6. Public Goods & Services
Includes such items as _______________________, ________________, and ____________________
interstate
highways
postal
service
national
defense

7. Public Goods & Services
Provide benefits to _______ simultaneously.
many

8. Simultaneously means _______________________
at the same time

9. Public Goods & Services
Would not be available if _______________ had to provide them
individuals

10. Public Goods & Services
Ways governments produce public goods and services:

11. Public Goods & Services
tax
Through ______ revenue.

12. Public Goods & Services
borrowed
Through _____________ funds.

13. Public Goods & Services
fees
Through _________.

14. Complete the Processing Activity
Illustrate 5 Goods and Services
p.10
Pages 5 & 6 Review Packet

15. Explain public goods and services and then illustrate 5 of them.
MINI BOOKLET
Title:
What are public goods
and services?
Explain public goods and services and then illustrate 5 of them.