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This question is about the Public, Private, Club or Common Goods. For each of the goods listed below, determine if the good is a public
This question is about the Public, Private, Club or Common Goods. For each of the goods listed below, determine if the good is a public good, private good, club good or common-pool resources. Explain your perspective precisely and completely.
1. Albert Einstein's Theory of Relativity (as an idea)
2. Books in the public library
3. A local church, temple, synagogue, mosque, etc.
4. Healthcare services provided by a physician.
5. The national missile defense system
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