Assertion (A): The government spends on education and health as well as private households.
Reason (R): Education and health create benefits for society, not only for the person educated.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Because the benefits spill over to others, private spending alone would be too low; the state steps in.
R explains A.

Concept: Role of the state
Typical timeTypical: 70 s
Your timeYours: —

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Ten questions from Human Capital Formation, at your own pace.

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Ten questions from Human Capital Formation, at your own pace.

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Assertion (A): The government spends on education and health as well as private households.Reason (R): Education and health create benefits for society, not only for the person educated.

Explanation

Assertion (A): The government spends on education and health as well as private households.
Reason (R): Education and health create benefits for society, not only for the person educated.