If a good or service cannot be withheld from those who do not pay for it, producers expect to be unable to sell it and, therefore, will not produce it. Governments provide some of these goods and services.
Standard detail
2.
Benchmark
Depth 1Parent ID: 774E6B9427684F1E9C3B510D0EB66636Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- 3F6F198F3C3D44329DE910A56E91F1CF
- ASN identifier
- S2604832
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 774E6B9427684F1E9C3B510D0EB66636
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US