When The Private Sector May Not Be Socially Optimal

Abstract: Using the 3 criteria of cost, quality, and access as well as political feasibility this 4 page paper discusses under what circumstances relying on the private sector may not be socially optimal. The paper discuses the provision of services such as armed forces and the welfare state as well as the control of externalities such as pollution. The bibliography cites 2 sources.

Filename: TEprivateopt.rtf

Pages: 4

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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