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public good

/ˌpʌblɪk ˈɡʊd/noun

उच्चारण पब्लिक गुड

सार्वजनिक वस्तु

Advanced word

noun
  1. 1

    [C] economics

    a product or service, such as street lighting or national defence, that everyone can use and that one person's use does not reduce for others

    सार्वजनिक वस्तु

    • Clean air is a classic public good.
    • Markets tend to supply too few public goods.
  2. 2

    [U]

    the benefit or well-being of the public as a whole

    जनहित, लोक-कल्याण

    • The decision was taken for the public good.
§Grammar and usage

Usage: a public good is non-excludable (no one can be kept from using it) and non-rival (one person's use does not reduce what is left for others).

Usage में public good non-excludable (किसी को इसके उपयोग से रोका नहीं जा सकता) और non-rival (एक व्यक्ति का उपयोग दूसरों के लिए इसे कम नहीं करता) होता है।