Examlex
The exchange of rum,slaves,and sugar has been called the ________.
Free Riders
Individuals who benefit from resources, goods, or services without paying for them, relying on others to bear the cost.
Private Firm
A business owned by private individuals or groups, not controlled by the government, and operated for profit.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they are accessible to all and one person's use does not diminish another's.
Nonexcludable
Describes a good or service for which it is not possible to prevent people who have not paid from consuming or using it, such as public parks or street lighting.
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