Examlex
Flexible working hours help to reduce stress and also provide greater autonomy to employees.
Private Goods
Goods that are excludable and rival in consumption, meaning one person's consumption prevents others from enjoying it.
Common Resource
A resource like air or water that is available to all but susceptible to overuse and depletion because it is not excludable.
Negative Externalities
These are unintended and adverse effects of a product or economic activity that impact third parties who are not directly involved in the activity.
National Parks
Areas of natural beauty, historical significance or ecological importance, protected by the government for public enjoyment and preservation.
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