Which of the following is NOT an example of public goods?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Driveway at our home.
A driveway at our home is NOT an example of a public good. Public goods are characterized by being non-excludable (no one can be prevented from using them) and non-rivalrous (one person’s use doesn’t reduce availability to others). Examples include street lighting, national defense, and public parks. In contrast, a private driveway is excludable—only the homeowner and their guests can use it—and rivalrous, as its use by one vehicle limits access for others. Therefore, a driveway is a private good, meant for personal use and maintained by the homeowner, not available for public consumption.