One of the mysteries of the English language finally explained.
A commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.
- ‘This is all the more important in an era when private companies are gaining ever greater control over essential public goods and services.’
- ‘Economists call arrangements of this kind public goods because, unlike private goods, the benefits are not limited to the producer or a single user.’
- ‘The responsibility of corporate executives, politicians, and officials for ensuring that private and public goods and services are safe is practically never enforced in court.’
- ‘We understand our roles in providing public goods and services and stabilising the economy when the private sector is in crisis.’
- ‘They are also protesting the commodification of public goods and services, like water, electricity and garbage collection.’
2The benefit or well-being of the public.‘the frequent conflict between the public good and private interests’
- ‘If they are able to easily calculate how their choices benefit the public good, they most often make choices that do so.’
- ‘However, sometimes the only benefit is to the public good, and even that is no small thing.’
- ‘We end the nightmare when we challenge the threat of corporate control and when we redefine globalization in our own way - for the public good.’
- ‘The goal of both the church and the state is to advance the public good.’
- ‘With silence, charity will fail both itself and the broader public good.’
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