Economics
Think of other examples where collective provision of goods and services is cheaper than individual provision.
Development
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Answer
Some examples where collective provision of goods and services is cheaper than individual provision are:
- Public Transportation — Operating buses, trains, and metros on a collective basis reduces the costs per passenger compared to everyone using individual cars.
- Utilities — Services like water supply, sewage treatment, electricity is cheaper when handled collectively through municipal or regional systems.
- Public Parks & Recreation Facilities — Publicly funded parks, sports fields, and recreational facilities provide spaces for leisure and exercise at a fraction of the cost it would take for each individual to have similar amenities privately.
- Libraries — Public libraries offer access to books, digital resources, and other educational materials to the community at a lower cost than if each person had to purchase these items individually.
- Internet & Telecommunications — Internet service providers and telecommunications companies provide network infrastructure that supports many users, reducing the cost compared to each user setting up their own network.
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