What are in Bridgstock’s words, “Two useful concepts to grasp fully the need for government science?” Describe both concepts.

A

The two concepts include market failure and public goods. Market failure is explained as a situation when the free market is not able to allocate goods effectively. Public good presupposes that every person should have equal access to the public good, which cannot be restricted.

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Academic.Tips. "What are in Bridgstock’s words, “Two useful concepts to grasp fully the need for government science?” Describe both concepts." November 24, 2021. https://academic.tips/question/what-are-in-bridgstocks-words-two-useful-concepts-to-grasp-fully-the-need-for-government-science-describe-both-concepts/.

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"What are in Bridgstock’s words, “Two useful concepts to grasp fully the need for government science?” Describe both concepts." Academic.Tips, 24 Nov. 2021, academic.tips/question/what-are-in-bridgstocks-words-two-useful-concepts-to-grasp-fully-the-need-for-government-science-describe-both-concepts/.

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