What is an example of a public good and why?
What is an example of a public good and why? In economics, a public good refers to a commodity or service that is made available to all members of society. Typically, these services are administered by governments and paid for collectively through taxation. Examples of public goods include law enforcement, national defense, and the rule of law.
What are at least 5 examples of public goods?
The types of public goods include security, education, knowledge, infrastructure, environment and health.