CBSE Class 10 Economics Question 12 of 13

Development — Question 2

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Question

Question 2

Think of other examples where collective provision of goods and services is cheaper than individual provision.

Answer

Some examples where collective provision of goods and services is cheaper than individual provision are:

  1. Public Transportation — Operating buses, trains, and metros on a collective basis reduces the costs per passenger compared to everyone using individual cars.
  2. Utilities — Services like water supply, sewage treatment, electricity is cheaper when handled collectively through municipal or regional systems.
  3. Public Parks & Recreation Facilities — Publicly funded parks, sports fields, and recreational facilities provide spaces for leisure and exercise at a fraction of the cost it would take for each individual to have similar amenities privately.
  4. Libraries — Public libraries offer access to books, digital resources, and other educational materials to the community at a lower cost than if each person had to purchase these items individually.
  5. Internet & Telecommunications — Internet service providers and telecommunications companies provide network infrastructure that supports many users, reducing the cost compared to each user setting up their own network.