Club_good Club_good

Club good - Definition and Overview

Related Words: Agate, Alliance, Ally, Amphitheater, Association, Auditorium, Ball, Bastinado, Bat, Baths, Baton, Beat, Belt, Billy

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</font> 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)


Example Usage of Club

Price_Compare: Club Football: Juventus for Xbox - $ http://bit.ly/5wR5gv
VanillaNupe: @MissMoco well damn! lol....i was gonna come out but didn't feel the Club!....but u have fun!...be safe
californianewz: Kiwanis tree sale starts today: The Hermosa Beach Kiwanis Club enters its 23rd year of selling Christmas trees .. http://bit.ly/8CbVI3
Copyright 2009 WordIQ.com - Privacy Policy  :: Terms of Use  :: Contact Us  :: About Us
This article is licensed under the GNU Free Documentation License. It uses material from the this Wikipedia article.