Social Studies - 2019-20
CE.13b - Government Providing Goods and Services
The student will apply social science skills to understand the role of government in the United States economy by
b) explaining how and why government provides certain goods and services;
UNDERSTANDING THE STANDARD
Government provides certain goods and services that individuals and businesses acting alone cannot provide efficiently.
Characteristics of most goods and services provided by government
Provide benefits to many simultaneously
Would not likely be available if individuals had to provide them
Include such things as interstate highways, public schools, and national defense
Most economic decisions in the United States are made in the marketplace, but government also plays a role in the economy by providing goods and services that markets cannot provide efficiently.
Ways governments pay for public goods and services
Through tax revenue
Through borrowed funds
Through fees (e.g., park entrance fees)