Most of the goods we interact with in our daily lives are _________, which means that they can be owned by a particular person or group of people, and are excluded from use by others.
Question
Most of the goods we interact with in our daily lives are _________, which means that they can be owned by a particular person or group of people, and are excluded from use by others.
Solution
The blank in the sentence should be filled with the word "private goods". So, the complete sentence is: "Most of the goods we interact with in our daily lives are private goods, which means that they can be owned by a particular person or group of people, and are excluded from use by others."
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