Examlex
Which of the following can be a contributing factor to the decrease in participation in the United States after 1960?
Types of Goods
Classification of goods based on characteristics such as excludability, rivalry in consumption, and the nature of the product (e.g., public goods, private goods, club goods).
Free-Ride
To benefit from a resource, good, or service without providing fair compensation or contribution.
Cable TV
A system of delivering television programming through coaxial or fiber-optic cables directly to subscribers' premises.
Club Good
A type of good that is excludable but non-rivalrous, meaning people can be prevented from using it, but one person's use does not reduce its availability to others.
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