Economics class video: When water security runs dry
Public goods
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Specification:
Public goods, Economic Problem and Market Structures
Click to watch the short video below and then answer the questions:
Using the video, explain what we mean by the ‘economic problem’?
Using your knowledge of oligopolies, why would a company like Danone contribute to a fund that is looking to provide clean water in developing countries?
Using this video and your own knowledge, discuss whether water is a public good
Gavin Simpson and Pete Clift, Economics In Ten podcast
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