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Definition of Public good
1. Noun. The general welfare of the people; the best interests of the community. ¹
2. Noun. (economics) a good that is non-rivalrous and non-excludable ¹
¹ Source: wiktionary.com
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1. Noun. The general welfare of the people; the best interests of the community. ¹
2. Noun. (economics) a good that is non-rivalrous and non-excludable ¹
¹ Source: wiktionary.com