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non-excludable and non-rival

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Non-Excludability - Meaning that no one can be excluded from it's usage. Non-Rivalry - One's person consumption of said good won't prevent another's consumption of it. Then there's a quasi-public good that have some characteristics but not all of a public good e.g. National Health Service: there's a limited amount of staffing and drugs so there is some rivalry. It's disputable whether there really is such thing as a real public good since resources are limited and a person probably could be excluded from it's usage in the right circumstances.


1 What are the two characteristics of public goods?

Non-Excludability - Meaning that no one can be excluded from it's usage. Non-Rivalry - One's person consumption of said good won't prevent another's consumption of it. Then there's a quasi-public good that have some characteristics but not all of a public good e.g. National Health Service: there's a limited amount of staffing and drugs so there is some rivalry. It's disputable whether there really is such thing as a real public good since resources are limited and a person probably could be excluded from it's usage in the right circumstances.


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Public speaking the important characteristics of face to face interaction, eye contact, and the visibility of facial expressions. Public speaking also allows the audience to see any body language by the speaker.


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A public good must meet two key cost-benefit criteria: non-excludability and non-rivalry. Non-excludability means that individuals cannot be effectively excluded from using the good, while non-rivalry indicates that one person's use of the good does not diminish its availability for others. These characteristics ensure that public goods can be enjoyed broadly without the constraints typical of private goods, justifying their provision by the government or community.


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