🇫🇷French Source WordCode: FR

bien public

Pronunciation / Transliteration: byɛ̃ pʊblik

🇬🇧 Direct English Meaning:
Public Good/ˈpʌb.lɪk ɡʊd/
nounCEFR B2 (Upper)Top #1500 frequency
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🇫🇷 Example Sentence in French:

"Les parcs publics sont un bien public accessible à tous."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A product or service that is made available to all members of a society, typically funded by the government.

    "Public parks are considered a public good because they are accessible to everyone."
  2. 2

    A good that is non-excludable and non-rivalrous, meaning that one person's use does not reduce availability for others.

    "Clean air is a classic example of a public good."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'public good' originates from the combination of 'public', derived from the Latin 'publicus', meaning 'of the people', and 'good', from Old English 'gōd', meaning 'beneficial'. The concept has evolved through economic theory to describe goods that are non-excludable and non-rivalrous, particularly in the context of welfare economics.

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