What Are Public Goods? Non-Excludable, Non-Rivalrous & Free Rider Problem Explained
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What Are Public Goods? Non-Excludable, Non-Rivalrous & Free Rider Problem Explained
What are public goods in economics? Why are streetlights, public parks, clean air, and even national defence provided by the government? A simple 1 minute 35 second explanation of Public Goods with real-life examples. In this video, I explain public goods using simple, real-life examples — and break down the exam-oriented concepts of non ...
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