One type of market failure is Public Sector which is the part of the economy that is primarily controlled by government.
Another type of market failure is Private Sector which is the part of the economy that is run by private individuals and companies that seek profit.
Public Goods is Public goods have two criterias nonexclusion cannot exclude people from enjoying the benefits [even if they do not pay],
A free rider are individuals that benefit without [nonrivalry].
Solving the problem is to find new ways to punish free not reduce the US efullness.
A positive Market Failure is situation that result "spillovers' to other poeple or someone in the society.
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