The term 'public good' is a concept that refers to goods or services that are available to all members of society, regardless of their individual economic status. The term WEAL is an acronym for 'Well-Being, Education, and Access to Legal Services, ' which are all examples of public goods. These goods are typically provided by the government, but can also be provided by private organizations. Public goods are important for ensuring that everyone in society has access to basic necessities and services, regardless of their financial situation.