Title English:
public good
Definition English:
A product that one individual can consume without reducing its availability to another individual and from which no one is excluded. Economists refer to public goods as "non-rivalrous" and "non-excludable". National defense, sewer systems, public parks and basic television and radio broadcasts could all be considered public goods.
Title Arabic:
سلعة عامة
المجال الأحصائي:
Economic Development
الموضوع:
Economic Statistics
InformationType:
Term
SourceSymbol:
language staff
Link: