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Club good

Club goods are a type of goods in economics, sometimes classified as a subtype of public goods, that are non-competetive and excludable .

Examples of club goods would include private schools, cinemas, clubs.

Classic division of goods in economy Exclusion from consumption
YES NO
Competition in consumption YES
private good: food, clothing, toys, furniture, cars
common good: natural environment
NO
club good: private schools, cinemas, clubs,
public good: national security (army and police forces)


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01-04-2007 01:21:04