A local, church, temple, synagogue, mosque, etc. Are they public good, private good, private good, club good or common-pool resources?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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A local, church, temple, synagogue, mosque, etc.

Are they public good, private good, private good, club good or common-pool resources?

Expert Solution
STEP 1 (INTRODUCTION)

The public good, also known as a social good, is defined as that commodity that all enjoy in common. Each consumption of public good leads to no reduction from any other person’s consumption of that good.
Thus, public goods are characterized by the feature of non-rival and non-exclusion. In contrast, when consumption is rival, and exclusion is possible, then it is purely private. In contrast, club goods are those who are non-rival in consumption but are excludable. For example, a swimming pool.

STEP 2 (EXPLANATION PART 1)

A local church, temple, synagogue, and mosque are all public goods as religious places can’t be privatized. Such religious places are non-rival and non-exclusion in character. If an individual goes to either of the given places, then the quantity available for other individuals does not get reduced. Once such religious buildings are built, then a person cannot be excluded from attending such religious places.

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