Public goods like clean drinking water and basic health services matter to development because
Athey are luxuries
Bthey reduce per capita income
Cthey are essentials of quality life that markets often under-provide
Dthey are produced only by foreign companies
Answer & Solution
Correct answer: C. they are essentials of quality life that markets often under-provide
1. Many quality-of-life essentials (water, sanitation, basic health) need collective provision.
2. Markets alone often under-supply them.
3. Their availability captures development beyond income.
_Source: NCERT Class 10 Understanding Economic Development, Ch 1 "Development"_
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