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What does public goods mean?

Looking for the meaning or definition of the word public goods? Here's what it means.

Noun
  1. plural of public good
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There is a wide range of public goods associated with agriculture, many of which are highly valued by society.
We understand our roles in providing public goods and services and stabilising the economy when the private sector is in crisis.
There is evidence that an inverse relation exists between investment in private consumption and investment in public goods.
This is all the more important in an era when private companies are gaining ever greater control over essential public goods and services.
Moreover, pure public goods do not exist, with the possible exception of national defence.
Malversation of public goods is punished in Bavaria by 3 years of jail or an equivalent fine.

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