Example
- Education,
- Vaccination
leads to benefit of the whole of society, including lower unemployment, lower crime rates, and higher economic growth.
Direct Government Provision
Sri Lanka literacy rate is 85%, so government provides free education up to age of 16.
Pros
- Reduction in poverty and income inequality
- Reduces crime rates
Cons
- High upfront costs, diverting funds from other important public services.
- Assumption that more is better
- Assumption that the quality of the things are good too.