Question

Which of the following would be typically classified as a public good?
Question 9 options:

postal delivery

national defense

toll roads

college education


I say college ed

Answer 1

I disagree. College ed is so awfully expensive that many cannot afford it.

Study this definition of public good.

"Public Good
A public good is a product that one individual can consume without reducing its availability to another individual, and from which no one is excluded. Economists refer to public goods as "nonrivalrous" and "nonexcludable." National defense, sewer systems, public parks and other basic societal goods can all be considered public goods."
-- Investopedia

Answer 2

national defense

Answer 3

Right.