Public goods/Definition: Difference between revisions

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A definition or brief description of Public goods.

Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.

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	~~Commodities or~~ services~~, such as fresh air and 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~~.		Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.