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Which of these describes something that is good for all the citizens

User Zzzirk
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1 Answer

1 vote

Answer:

These are the answer choices for the question:

  • Public Good
  • Public Interest
  • Free Rider
  • Individual Right

And this is the correct answer:

  • Public Good

Step-by-step explanation:

In Economics, public goods are defined are those goods that are niether rival nor excludable. This means that a public good can be enjoyed by everyone, and that the use of the good from someone does not prevent other people from using the good.

A common example is lighthouses, even if many of them were private.

We can see therefore, that the intrinsic characteristics of a public good make it something that is good, or desirable, to all citizens.

User Ivan Valadares
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