A second option to restore the balance between private and public goods is to make the consumers pay the ________ costs.

Question

Quizplus · Accepted Answer

Making consumers pay for social costs, such as healthcare or poverty alleviation, can help shift the burden of these expenses away from the government and towards the individuals and corporations responsible for creating them. This can help to restore a more equitable distribution of costs and benefits between private and public goods. The other options listed (promotional, cultural, environmental, and safety) may also be important factors in balancing private and public goods, but they are less directly related to issues of social equity and justice.

A Second Option to Restore the Balance Between Private and Public