Live revision! Join us for our free exam revision livestreams Watch now

Topics

Public bad

A public bad has negative effects (externalities) on people and their communities leading to a significant loss of social welfare. Examples of public bads include: The spread of infectious diseases such as Ebola, unauthorized / illegal surveillance by the state and modern slavery / human trafficking.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.