Examlex
Balin purchases fair trade cocoa out of concern for workers' rights and environmental sustainability. He could purchase cocoa of equal quality at a lower price. Behavioral economists would consider Balin's purchase
Political Scientists
Scholars who study the origin, development, and operation of political systems and public policy.
Government
The organization, or group of individuals and institutions, that has the authority to make and enforce laws and decisions for a specific community, region, or country.
Private Goods
Goods that are characteristically excludable and rivalrous, meaning their use is limited to paying customers and one person's consumption prevents another's.
Public
The general population or community at large, often the recipient of information, services, or goods provided by governments or organizations.
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