Description: The two major distinctions between public goods and private goods are that private goods are exclusive and distributive and public goods and nonexclusive and nondistributive. These distinctions refer to pure public goods and pure private goods.
Photo added by welkerjason, Apr 11 2008, 1:57 PM EDT
, and last updated by dayzrox, May 9 2008, 10:05 PM EDT
