Goods that are jointly provided for, but that no one owns or is individually responsible for, are called ________ goods.

Question

Quizplus · Accepted Answer

Collective goods, also known as public goods, are goods that are non-excludable and non-rivalrous, meaning that they are available to everyone and one person's use of the good does not prevent someone else from using it. Examples include clean air, public parks, and national defense. Because no one owns or is individually responsible for these goods, they are often provided through government intervention or other collective efforts.

Goods That Are Jointly Provided For, but That No One