Examlex
Social stratification shapes our patterns of interaction by encouraging people to socialize with others of similar social position.
Nonexcludable
Referring to a good, describes the case in which the supplier cannot prevent those who do not pay from consuming the good.
Nonrival
A characteristic of a good or service that allows its consumption by one person without reducing its availability to others.
Common Resources
Natural or man-made resources that are not owned by anyone, tend to be overused or depleted, and are difficult to exclude people from using.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used simultaneously by more than one person without diminishing availability to others.
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