Public goods/Definition: Difference between revisions

Latest revision as of 04:36, 28 October 2009

Citable Version ^[?]

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 08:39, 26 October 2009 (view source) imported>Nick Gardner mNo edit summary ← Older edit		Latest revision as of 04:36, 28 October 2009 (view source) imported>Nick Gardner No edit summary
(4 intermediate revisions by the same user not shown)
Line 1:		Line 1:
	<noinclude>{{Subpages}}</noinclude>		<noinclude>{{Subpages}}</noinclude>
	Products and services~~, such as lighthouses and national defence~~ that can only 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.