Public goods/Definition: Difference between revisions

Latest revision as of 04:36, 28 October 2009

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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.

Revision as of 09:47, 27 October 2009 (view source) imported>Nick Gardner No edit summary ← Older edit		Latest revision as of 04:36, 28 October 2009 (view source) imported>Nick Gardner No edit summary
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	Products and services~~, such as lighthouses and national defence,~~ that can only be collectively-financed because it is not feasible to require ~~each user~~ to pay for ~~their use~~.		Products and services that can only be collectively financed because it is not feasible to require individual users to pay for using them.