Public Goods
- Created by: April15
- Created on: 18-02-20 15:03
Fullscreen
- Public goods are non-rivalrous and non-excludable. Everyone has access to these goods, if one person consumes it, it does not reduce the amount available for consumption for others. They are also non-rejectable. Clean air and defence. Street lighting and education can be argued to be public goods. The government provides public goods such as defence and streetlighting and forces everyone to…
Comments
No comments have yet been made