Examlex
Which of the following goods is not excludable and not rival in consumption?
Private Ownership
The holding of assets by non-governmental entities or individuals, allowing control and earning potential from those assets.
Soviet Union
A former federal socialist state in Eurasia that existed from 1922 to 1991, made up of 15 republics, and was the largest country in the world.
Competition
The rivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume.
American Industry
Refers to the manufacturing and economic sectors of the United States which contribute to its Gross Domestic Product (GDP).
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