The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
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Answer:
Social Issues and Community Interactions
This chapter examines social issues involved in the siting and operation of waste-incineration facilities (such as incinerators and industrial boilers and furnaces), including possible social, economic, and psychological effects of incineration and how these might influence community interactions and estimates of health effects. Issues with respect to perceptions and values of local residents are also considered. In addition, this chapter addresses risk communication issues and approaches for involving the general public to a greater extent in siting and other decisions concerning incineration facilities. The committee recognized at the outset of its study that the social, economic, and psychological effects for a particular waste-incineration facility might be favorable, neutral, or adverse depending on many site-specific conditions and characteristics. However, the current state of understanding for many issues considered in this chapter is such that little or no data specific to waste incineration were available for analysis by the committee. In such cases, the committee identified key issues that should be addressed in the near future.
The social, psychological, and economic impacts of incineration facilities on their locales are even less well documented and understood than the health effects of waste incineration. When environmental-impact assessments are required for proposed federal or state actions, they typically must include socioeconomic-impact assessments, but the latter are often sketchy at best. They also might be given short shrift in the decision-making process (Wolf 1980; Freudenburg 1989; Rickson et al. 1990). Furthermore, these socioeconomic assessments attempt to be prospective—that is, they assess the likely effects of proposed actions. Little research has been done to evaluate systematically the socioeco-
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Suggested Citation:"Social Issues and Community Interactions." National Research Council. 2000. Waste Incineration and Public Health. Washington, DC: The National Academies Press. doi: 10.17226/5803.×
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nomic impacts of controversial waste-treatment or waste-disposal facilities that have been in place for several years or more (Finsterbusch 1985; Seyfrit 1988; English et al. 1991; Freudenburg and Gramling 1992). Moreover, the committee is not aware of any studies of the effects of removing an established incinerator. One reason for the lack of cumulative, retrospective socioeconomic-impact research is the lack of sufficient data. Although incineration facilities must routinely monitor and record emissions of specified pollutants, health-monitoring studies before or after a facility begins operation are only rarely performed, and periodic studies of the socioeconomic impacts of a facility over time are virtually nonexistent, partly because of methodological problems (Armour 1988) and the absence of regulations that necessitate continued monitoring of socioeconomic impacts.
Explanation:
Answer:
Explanation:
And gates and walls also have an impact on children and their relationship towards people and their environment.
there are workers who enter the community everyday, and they must go out in order to buy groceries, hop, or see a movie, will the walls protect their homes or even the guard might even fall asleep or might as well be a criminal
Carrying capacity in an ecosystem is the amount of organisms an ecosystem can hold. Some of the factors that affect the carrying capacity is
▪What kind of organism
▪ How big the ecosystem is
▪Where the ecosystem is located
▪How much food is available to the organisms
Answer:
C. Education and counseling by healthcare providers
Explanation:
Hello! The correct answer is option C.
A health propaganda and advice in hospitals by medical institutions to raise awareness about alcohol consumption and the deterioration it causes in people can be useful to regulate the use of these popular substances.
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