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List five merit goods in your community or a nearby city and the functions they serve

List Five Merit Goods In Your Community Or A Nearby City And The Functions They Serve class=

Sagot :

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Examples of merit goods in the community are:

  • education: Helps to educate the masses and give them a career.
  • health care: Takes care of the health needs of the population.
  • welfare services: Helps to ensure that people are helped to improve their living conditions and help financially.
  • housing: Helps to ensure that the citizens have adequate shelter.
  • fire protection: helps to establish standards that would help people against fire incidents.

What are merit goods?

These are the goods that are in the society which the people and the government have the opinion that they are deserving of public funds.

Read more on merit goods here: https://brainly.com/question/25745683

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