What is good merit?

Merit concerns the goods or services provided to the Company. The Government is often provided or subsidized by goods because their provisions would be insufficient if they were controlled by private enterprises or left to market forces. These are things such as medical care, education and museums that are provided to the public cheaply or without costs because the government wants to support their use and consumption. For example, with education, the company generally considers this to be something valuable, both for individuals and society. It may take years for the student to show economic benefits. However, it is assumed that personal enrichment comes with education. It is also believed that the company will benefit from an educated individual with tradable. Museums and libraries are considered important for knowledge and cultural education that they can provide to the public, but many people can never visit it. Economic theory is such that social benefits are more important than the level withOukrome consumption.

with direct merit, such as free or low cost services, is an advantage for individuals that it happens without addictive substances. There are also many potential profits for society. The family of recovering persons will benefit. If the patient could be successful in treatment, he could probably become a more productive employee. Another individual may fail in treatment or succeed after years of more attempts.

For the most part, the goods are merit of cable goods "own capital", which should not be associated with the ability to pay for them. Their long -term benefits are considered greater than the short -term benefits of their acquisition. In economics, merits differ from public well -being. Public good, such as clean air or police protection, cannot be denied to anyone. Everyone shares it without losing any value.

critics of the theory of merit goods say it isOnly an apology for unfounded government enters what is "best" for people. Things such as the use of government health care or compulsory detention of income for retirement are elections that many individuals would not do themselves. Consumers should not subsidize activities that the government considers "good for people", such as public museums, ballets, orchestras or broadcasting stations.