'Country’s economy Essay\r'

'These are goods that merchantmannot be caterd by the mysterious sphere but are really subjective to the development of a country’s economy. They are usually in truth expensive undertakings with less returns or take a long while for the robeors to recoup their money back. This makes them to be less bewitching to the private sector investors who are mainly driven by the profit motive and would thus be unwilling to invest their resources in such projects.\r\nThe governing has the mandate of providing such goods that are very essential which have indivisible cost with a borderline cost of zero (Kaul, 2006). It is not possible to very much charge the familiar for the utilizing such goods. The government can therefore, only collect taxes from the public to enable it provide public goods. Public goods in this category take roads and state security provided by the policemen who are paid by the government.\r\nThere are early(a) public goods that even though, they ha ve high returns and the private sector can be able to invest in them, they cannot be set asideed to do so by the government due to the amount of risk involved. Manufacturing or trading of weapons is a risky activity that no government can be willing to allow it to be done by the private sector as it would put the public into a accord of risk since the private sector investors in such an industry would mostly be guided by the profit motive and not whether or not ammunitions will be on the wrong give or the right ones (Kaul, 2006).\r\nThe public goods are very important to everyone, including the private investors who shy away from drop their resources in such ventures. It is this importance that makes the government to be under obligation of providing such goods to its people since they are very essential and it is only the government that is beaver placed to provide them (Kaul, 2006). Reference: Kaul, I. (2006): What is a public good? Retrieved on 17th June 2009 from, http://mo ndediplo. com/2000/06/15publicgood.\r\n'