Economics 9708 · AS & A Level · Government intervention in markets

Government intervention in markets — practice question

For what reasons might governments offer free education to children aged 4 to 16 years old?

  • AConsumers are not fully aware of the benefits of education.
  • BEducation in a free market system would be over consumed.
  • CEducation is a public good and there would be many free riders.
  • DThe private costs of education exceed the private benefits in a free market.

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