With growth in car and truck populations, the demand for new and improved highways has rapidly increased, causing some policy makers to suggest that

With growth in car and truck populations, the demand for new and improved

highways has rapidly increased, causing some policy makers to suggest that private

businesses should operate portions of our highway system, charging tolls and using the

money to maintain the highways. Critics are concerned that this policy would lead to

profiteering and wonder why the government could not run the roads as efficiently as

private companies. Using public finance theory, explain the case that can be made both

for and against privatizing roads.