Use the distinction between the characteristics of private and public goods to determine whether the following should be produced through the market system or provided by government:

a. French fries
b. Airport screening
c. Court systems
d. Mail delivery
e. Medical care

In Market Economic system in accounting, the means of production as well as exchange, in the market system is base on private ownership, and can be said to be a free market. in these Economy the consumer are to be always at alert in oder not to be a fraud victim.

Government system can also be regarded as command system, the factors of production such as land is attributed to the government.

However the difference between them could be in term of factors of production, the ways in which price is been determined.

Use the distinction between the characteristics of private and public goods to determine whether the following should be produced through the market system or provided by government: a. French fries b. Airport screening c. Court systems d. Mail delivery e. Medical care

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Use the distinction between the characteristics of private and public goods to determine whether the following should be produced through the market system or provided by government:

a. French fries
b. Airport screening
c. Court systems
d. Mail delivery
e. Medical care