Government Intervention: Government intervention refers to the involvement of the government in implementing policies or regulations to address social issues. It can include actions like providing public services or establishing laws and regulations.
Welfare State: A welfare state is a system where the government plays an active role in ensuring citizens' well-being by providing various social programs such as healthcare, unemployment benefits, and financial assistance.
Public Goods: Public goods are goods or services that are provided by the government for everyone's benefit and cannot be easily withheld from individuals. Examples include public parks, national defense, and clean air.