Describe the challenges related to public goods. Include how the “free rider” problems should be addressed.

Write an essay regarding public goods. Include the following:

  1. Explain what a public good is.
  2. Discuss how a public good is different than a private good.
  3. Discuss whether only government can supply a public good.
  4. Describe the challenges related to public goods. Include how the “free rider” problems should be addressed.