B2 noun Formal

공공재

/koŋ.ɡoŋ.dʑɛ/

Goods or services that are provided without profit to all members of a society, either by the government or a private individual or organization.

Examples

3 of 5
1

깨끗한 공기는 모두가 누려야 할 공공재이다.

Clean air is a public good that everyone should enjoy.

2

정부는 공공재의 효율적인 공급을 위해 노력해야 한다.

The government must strive for the efficient supply of public goods.

3

이 도서관은 우리 마을의 소중한 공공재야.

This library is a precious public good for our village.

Word Family

Noun
공공재
💡

Memory Tip

Gong-gong (Public) + Jae (Goods). Public Goods.

Quick Quiz

치안과 같은 ( )는 국가에 의해 관리되어야 한다.

Correct!

The correct answer is: 공공재

Examples

1

깨끗한 공기는 모두가 누려야 할 공공재이다.

everyday

Clean air is a public good that everyone should enjoy.

2

정부는 공공재의 효율적인 공급을 위해 노력해야 한다.

formal

The government must strive for the efficient supply of public goods.

3

이 도서관은 우리 마을의 소중한 공공재야.

informal

This library is a precious public good for our village.

4

공공재의 비배제성은 무임승차 문제를 야기한다.

academic

The non-excludability of public goods causes the free-rider problem.

5

기업의 사회적 책임은 지식을 공공재로 공유하는 것을 포함한다.

business

Corporate social responsibility includes sharing knowledge as a public good.

Word Family

Noun
공공재

Common Collocations

공공재의 공급 supply of public goods
지식 공공재 knowledge as a public good
글로벌 공공재 global public goods
공공재의 성격 the nature of public goods
디지털 공공재 digital public goods

Common Phrases

공공재적 성격

public-good-like nature

공공재 확충

expansion of public goods

공공재 보호

protection of public goods

Often Confused With

공공재 vs 공공시설

'공공시설' refers to physical buildings/facilities, while '공공재' is a broader economic term for any non-excludable good.

📝

Usage Notes

A key term in IELTS Economics and Social Issues essays.

⚠️

Common Mistakes

Learners sometimes confuse this with '공공장소' (public place).

💡

Memory Tip

Gong-gong (Public) + Jae (Goods). Public Goods.

📖

Word Origin

From Sino-Korean 公共財.

Grammar Patterns

~은/는 공공재이다
🌍

Cultural Context

In Korea, public services like health insurance are often discussed using this framework.

Quick Quiz

치안과 같은 ( )는 국가에 의해 관리되어야 한다.

Correct!

The correct answer is: 공공재

More economics words

보조

B1

The act of helping or supporting a main function or entity. It often refers to financial assistance (subsidies) or providing secondary aid to complete a task.

유인책

B2

A measure or incentive designed to encourage someone to do something or to attract people to a specific place or activity.

경제성장

B1

The increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It is a key topic in academic discussions about national development.

개도국

B1

Short for '개발도상국' (Developing Country). A country with a less developed industrial base and a lower Human Development Index relative to other countries.

파생

B2

The process where something new originates or branches out from a primary source or root. In finance, it refers to products whose value comes from an underlying asset.

유동성

B2

The ease with which assets can be converted into cash, or the quality of being fluid and changeable. In a broader sense, it refers to a lack of fixed structure or stability.

동반하다

B2

To accompany or go along with something, often used when one phenomenon causes or occurs simultaneously with another. In academic contexts, it refers to consequences or parallel trends.

둔화되다

B2

To slow down or become less active. It is often used to describe economic growth, speed, or the rate of progress decreasing.

능가하다

B2

To exceed or surpass a certain level, amount, or ability. It is often used to compare achievements or statistics in academic contexts.

재분배

B2

The distribution of something (especially wealth or land) in a different way, typically to achieve greater equality within a society.

Was this helpful?

Comments (0)

Login to Comment
No comments yet. Be the first to share your thoughts!

Start learning languages for free

Start Learning Free