Question

From a solely Christian worldview, give one example each of a pure public good and pure private good.

Explain whether your classification of these goods as public or private differs from the secular perspective and, if so, how and why. ........................ Be specific.

Answer 1

A pure public good is a good or service that can be consumed simultaneously by everyone and from which no one can be excluded and for which consumption is non-rival and from which it is impossible to exclude a consumer. Example street light

A pure private good is one for which consumption is rival and from which consumers can be excluded. example ice cream

yes, it dffers from secular perspective because there are goods which lie between these two categories which we may refer as public or private from the secular perspective, but they are actually neither in economic terms and fall in the category of club goods and pooled resources.