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Topic: History
Number of pages / Number of words: 2 / 511
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This is because the market does not handle appropriately things that can be consumed collectively for example the environment, neighborhood safety and national security. Government is needed to correct this failure by enforcing laws and taxes in order for citizens to share in the cost. The nonprofit organization also can gather their resources to produce collective goods they desire...


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The nonprofit organization also can gather their resources to produce collective goods they desire.

Also, government failure leads to the creation of the nonprofit sector. Government actions require majority support and only then, government would react to assist with the market failures. Nonprofit organization aids to address the needs to convince the people to support...


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