Externalities - An externality is such type of outcome which is not directly incureed by the producer but its consequences are incurred by society as a whole. The externalities can be negative as well as positive.
Negative externality- A externality that has a negative and harmful effect on society, as well as firms, are called negative externalities.
- For eg., A firm polluting the environment to save the cost of production will have negative consequences on society as a whole.
Positive externality - An outcome of the decisions and execution of a company that has led to positive consequences for both company and the society.
- For eg., the perfect example of positive externalities is the research and development work of any company. The research and development benefits not only the company to enhance its efficiency but it also benefits society by gaining the knowledge from the research, employment from work, etc,
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<u>The Southern Agrarians</u>
The emergence of the Southern Renaissance as a literary and cultural movement has also been seen as a consequence of the opening up of the predominantly rural South to outside influences due to the industrial expansion that took place in the region during and after the First World War.
Answer: Polytheism is the worship of or belief in multiple deities . Which are usually assembled into a pantheon of gods and goddesses, along with their own religions and rituals . Many ancient civilizations believed in polytheism and worshipped numerous gods. In Christianity, polytheism does not exist because the religion acknowledges only one god . Polytheism characterizes virtually all religions other than Judaism, Christianity, and Islam, which share a common tradition of monotheism, the belief in one God.
The graph would represent that system would look like this (see the attachment):
The answer is cannot be punished. The right to due process and fair trial is guaranteed by the fifth amendment and it states that a person cannot be punished until the law has been fairly applied. This amendment also protects people for being sentenced twice for the same crime and allows people to remain silent if they wish.
