Economic Policy and the Environment: the Economic Concept (MINIMUM 200 WORDS)

Assignment Details

Externalities are costs or benefits that are caused by producing or consuming a good but that are not included in the market price for the good. They are simply the unintended side effects of market activities. Externalities can be positive or negative. One example of a positive externality might be when beekeepers provide a means of pollination for fruit growers. Air, water, and noise pollution are examples of negative externalities.

Please answer the following questions to describe an instance in which you, an acquaintance, or family member has experienced an externality. Please use economic concepts, and use references in your main contribution.

  1. How did it affect you (or your acquaintance or family member?) Please explain.
  2. What were the effects? Please explain.
  3. Did you (or your acquaintance or family member) experience increased or decreased health or quality of life? Please explain.
  4. If you choose to write about a negative externality such as pollution, what do you think is the best way to reduce pollution? Please explain.
  5. If you choose to write about a positive externality, what is the economic problem that positive externalities create? How would you resolve that? Please explain.
 
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Education homework help

What is the effect on children (or adults) of watching news reports of natural disasters, terrorist strikes, sexual predators, and other fearful situations?

 
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Political Science homework help

Based on the material on political ideology you studied last week, select two commentaries or opinion pieces on the same subject from The New York Times and from The Wall Street Journal. One must represent a liberal perspective and the other a conservative perspective.

After summarizing the objective of each writer, explain how each one presents their ideological view.  Which perspective was must persuasive to you and why?

Your essay should be well structured and about 2 pages long.

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