Public goods

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Economics.

Examples of 'pure' public goods include flood control, street lighting, policing and national defence.

The definition of public goods includes non-rivalry and non-excludability.


Non-rivalry means that when a public good is enjoyed, it doesn’t reduce the amount available for other people.

Non-excludability means that it is not possible both to provide such a good and prevent others enjoying it. For this reason, public goods are more likely to be efficiently provided by the public sector, rather than by the private sector.


See also