Topic: Inclusive growth and issues arising from it.
4. Public goods create a foundation for inclusive growth by ensuring that essential services, resources, and opportunities are widely available. Analyse. (250 words)
Difficulty level: Moderate
Reference: Live Mint
Why the question:
The article discusses the public goods matter in the poverty debate.
Key Demand of the question:
To write about the benefits and potential of Public Goods and their role in inclusive growth.
Directive word:
Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Introduction:
Begin by defining Public Goods with examples.
Body:
First, further elaborate on the role of Public Goods and its role in achieving inclusive growth – fostering inclusive growth by addressing market failures and promoting the well-being of the entire society etc. Cite examples to substantiate.
Next, write about limitations of the public goods in achieving inclusive growth.
Conclusion:
Conclude by writing a balanced opinion regarding the above.
