Question

 

Positive externalities and negative externalities.

19 Dec 2025
Answer :
Word Count : 284
Positive externalities occur when the actions of an individual or firm result in benefits to others for which they do not receive compensation. These are also called external benefits. In the context of development economics, education is a classic example. When an individual attains education, they not only improve their own productivity but also contribute to _______ ___ _____ ______ _________ _____ __________ _____ _______ _________ ___.
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