Why may welfare rise when the government provides free libraries?
Answer and explanation
Correct answer: Because access to knowledge and education increases
The governing concept is that public services can improve welfare even when their benefits are not fully represented by direct private purchases. Free libraries expand access to books, information, study space, and learning opportunities, which can build human capabilities and support education. Therefore option B is correct. Exports, population decline, and rising market prices are neither necessary results of libraries nor explanations of their welfare benefit.
Frequently asked questions
What is the correct answer to this question?
Because access to knowledge and education increases
Why is this the correct answer?
The governing concept is that public services can improve welfare even when their benefits are not fully represented by direct private purchases. Free libraries expand access to books, information, study space, and learning opportunities, which can build human capabilities and support education. Therefore option B is correct. Exports, population decline, and rising market prices are neither necessary results of libraries nor explanations of their welfare benefit.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
