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» Economics » Management economics » Topics begins with F » Free property


Page modified: Friday, June 23, 2006 20:29:08

A free property is the opposite of a scarce property: It is above all free of charge available in approximately boundless quantity and. A classical example of a free property is (breath) air and in most areas (not however in desert regions and areas with high water pollution) drinking water.

To confound free goods with public goods, which (usually liable to pay the costs) are offered in a unique procedure, are not in order by a high number of consumers to be taken up at the same time. So is a public property, but especially no free property.


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