English Explanatory Dictionary

public good

English dictionary entry

Meanings

noun
  1. The general welfare of the people; the best interests of the community.
  2. A resource, service, or other provision which contributes to the general welfare of the people.
  3. A good that is non-rivalrous and non-excludable.

Pronunciation

LL-Q1860 (eng)-Vealhurl-public good.wav

Word forms

public good public goods

Related words

free rider let George do it tragedy of the commons
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