Economists define public goods to be those goods that are supplied by the government and private goods to be those goods that are supplied by the private sector.

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Economists define public goods as those that are non-excludable and non-rivalrous in consumption, meaning that one person's use of the good does not diminish its availability to others. Private goods, on the other hand, are excludable and rivalrous, meaning that access to the good can be restricted and consumption by one person diminishes its availability to others. Whether a good is supplied by the government or by the private sector does not necessarily determine whether it is a public or private good.

Economists Define Public Goods to Be Those Goods That Are