#econ - non-excludable→people benefit but do not pay for it. Can't exclude people from using it. - non-rival→no marginal cost of use. basically unlimited people can use it. - Public Goods↔[[externalities/non-rival]] and [[externalities/non-excludable]] - Private Goods↔neither [[externalities/non-rival]] nor [[externalities/non-excludable]] - military, parks, roads, radio - Common Resources↔[[externalities/non-excludable]] but not [[externalities/non-rival]] - anybody can use it, but it limits other's use of it - whales, ozone, clean water sources, public grasslands, - Club Goods↔[[externalities/non-rival]] but not [[externalities/non-excludable]] - people can be kept out (for profit reasons) but don't like, need to be. It's unlimited extra use. - satellite radio, netflix, movies, music, drive-in theatre, etc. -