What is the name of people who benefit without paying?
Market Failures, Taxes, and Subsidies

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Cynthia Elm
Used 74+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Free riders
Free takers
Free loaders
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Things that are for our collective well-being are funded by our _____.
government.
free markets.
selves.
emus.
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A market failure is when markets alone can't provide enough of a public good.
True
False
4.
MULTIPLE SELECT QUESTION
15 mins • 1 pt
What are the two characteristics of a public good?
Non-exclusionary
Non-rivalry
Non-socialist
Non-conformist
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Tragedy of the _____ is the idea that common goods that everyone has access to are often misused and exploited.
Commons
Exceptions
People
Oligarchs
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
_____ are situations when there's an external costs or external benefits that accrue to other people or society as a whole.
Externalities
Internalities
Progressives
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Education is a negative externality.
False
True
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