Asked by Student Taylor Leveille on Apr 29, 2024
Verified
Even economists who advocate small government agree that national defense is a good that the government should provide.
National Defense
Refers to government and military actions and strategies aimed at protecting a country from threats and maintaining its sovereignty.
Small Government
A political philosophy that advocates for minimal government intervention in the economic and personal affairs of citizens, emphasizing lower taxes and reduced government spending.
- Gain insight into how the government supports research financially and offers public goods to counteract market failures.
Verified Answer
Learning Objectives
- Gain insight into how the government supports research financially and offers public goods to counteract market failures.
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