Outrageously Funny Word Dictionary :: Externalities

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What is the definition of externalities? 🙋

👉 Externalities are unintended or negative consequences of an action that results from a person's actions. These can include environmental impacts, economic costs, social harm, and other factors that do not result from the original behavior of the individual. Externalities are important because they reflect the unintended impact that individuals' actions have on society as a whole, and they require careful consideration in policy-making and decision-making processes.


externalities

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