Asked by Peyton Reyman on May 11, 2024
Verified
An example of a public good would be
A) a plane ride from Miami to Dallas.
B) flood control protection from the Tennessee Valley Authority (TVA) .
C) a commuter's trip to work by car from Berkeley to Chicago.
D) a ride on a Greyhound bus from Phoenix to Los Angeles.
Public Good
A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Flood Control
Measures and strategies implemented to manage water levels and reduce the risk and impacts of flooding.
Tennessee Valley Authority
A federally owned corporation in the United States created in 1933 to provide navigation, flood control, electricity generation, and economic development to the Tennessee Valley, a region particularly affected by the Great Depression.
- Understand the concept of public goods and their characteristics.
Verified Answer
JP
jeanette perezMay 17, 2024
Final Answer :
B
Explanation :
Flood control protection from the Tennessee Valley Authority (TVA) is an example of a public good because it benefits everyone in the area, regardless of whether or not they personally paid for it.
Learning Objectives
- Understand the concept of public goods and their characteristics.