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Define Dictionary Meaning - True Words & Their Meanings
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  • Dorothey Allenundefined Offline
    Dorothey Allenundefined Offline
    Dorothey Allen
    wrote on last edited by admin
    #1

    Benefits or costs, generated as a byproduct of an economic activity, that do not accrue to the parties involved in the activity. Environmental externalities are benefits or costs that manifest themselves through changes in the physical or biological environment.

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    • Couch Potatoeundefined Offline
      Couch Potatoeundefined Offline
      Couch Potatoe
      wrote on last edited by
      #2

      damage caused by a companys activities for which it does not pay, or something positive created by it for which it does not receive payment:

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