Examlex
What causes most of the stress humans have put on the environment?
Nonexcludable Good
A type of good for which it is difficult or impossible to exclude individuals from using, typically leading to free-rider problems.
National Defense
National defense encompasses the measures and strategies implemented by a country to protect its sovereignty, territory, and populations from external threats or military aggression.
Private Good
A product or service that is exclusively owned and consumed by the individual or entity that purchases it, characterized by rivalry and excludability in consumption.
Excludable
A good or service is considered excludable if it's possible to prevent non-paying consumers from accessing it.
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