What does Public Good mean?
A service provided to all members of a society that is both non-rivalrous and non-excludable.
National defense is a classic example of a Public Good.
Public Good in German, French, Spanish and Italian
GermanÖffentliches Gut
Güter, von deren Nutzung niemand ausgeschlossen werden kann (z.B. Deiche).
FrenchBien public
Bien accessible à tous dont la consommation n'est pas concurrentielle.
SpanishBien público
Bien que todos pueden usar y cuyo consumo no reduce su disponibilidad.
ItalianBene pubblico
Bene caratterizzato da non escludibilità e non rivalità.
Common phrases with Public Good
- non-rivalrous public good
- non-excludable public good
- national defense public good
Synonyms and opposites for Public Good
- Synonym Collective good
- Opposite Private good