Public goods/Definition: Difference between revisions

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A product or service that can benefit one person without diminishing its benefit to others, and from  the use of which it is not possible to exclude anyone.
Commodities or services, such as fresh air national defence that have to be provided by governments, because it is not possible to devise a pricing system to enable them to be marketed.

Revision as of 06:56, 26 October 2009

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https://en.citizendium.org/wiki/index.php?title=Public_goods/Definition&printable=yes
A definition or brief description of Public goods.

Commodities or services, such as fresh air national defence that have to be provided by governments, because it is not possible to devise a pricing system to enable them to be marketed.

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