What are governments using when they contract with private firms to produce public goods and services?

Question

Quizplus · Accepted Answer

When governments contract with private firms to produce public goods and services, they are using the market to supply the product. This means that they are relying on private companies to compete and provide the best possible product or service for the most reasonable price. This allows the government to take advantage of the competitive market forces to get the best results.

What Are Governments Using When They Contract with Private Firms