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common goods

[ˈkɒmən ɡʊdz]
noun
bens comuns
1. Resources, property, or assets that are owned, managed, or shared collectively by a community or society rather than by individuals or the state
Clean air and water are considered common goods that belong to everyone.
Ar limpo e água são considerados bens comuns que pertencem a todos.
2. In economics, goods that are non-excludable and rivalrous in consumption, such as fish in the ocean or timber in a forest
The tragedy of the commons occurs when individuals overuse common goods without considering the collective impact.
A tragédia dos comuns ocorre quando indivíduos abusam dos bens comuns sem considerar o impacto coletivo.
3. Commodities or merchandise that are ordinary, standard, or widely available in the marketplace
Wheat and corn are common goods traded on international markets.
Trigo e milho são bens comuns negociados nos mercados internacionais.
Synonyms
shared resourcespublic goodscommunal propertycollective assetscommon property
Antonyms
private goodsindividual propertyexclusive goodspersonal possessions

Regional Variations

General Brazilian
bens comuns
Standard usage in economic and legal contexts
Portugal
bens comuns
Standard usage; sometimes 'património comum' in heritage contexts
General Brazilian
património compartilhado
Alternative in heritage or environmental contexts

Related Idioms & Phrases

tragedy of the commons
common pool resources
shared heritage
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