Merit goods

Merit goods are the commodities that the public sector provides free or at subsidised rates because an individual or society should have them on the basis of some concept of need, rather than ability and willingness to pay the government and therefore wishes to encourage their consumption.

Examples of such goods include the provision of free or subsidised food for the poor to support nutrition, delivery of health services to improve quality of life and reduce morbidity, providing basic education to all, drinking water and sanitation etc.

Nearby pages
Merk Bay Beach, Merle D'Aubigne, Merlin, Mermaids and Mermen, Merovingians, Merry Monarch, Mersey