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Slide Notes

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Public Goods

Published on Nov 30, 2015

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PRESENTATION OUTLINE

PUBLIC GOODS

Photo by Phil Roeder

PRODUCTS THAT ARE COLLECTIVELY CONSUMED BY EVERY ONE

Photo by toolstop

EXAMPLES

UNCROWDED HIGHWAYS,FLOOD CONTROL MEASURES, NATIONAL DEFENSE

WHEN LEFT TO IT SELF THE MARKET DOES NOT SUPPLY THESE ITEMS AT ALL

Photo by marcp_dmoz

EXAMPLE

THE FLOOD WALLS OF NEW ORLEANS BEFORE/AFTER HURRICANE KATRINA