Answer: Externalities are side effects (good or bad) that occur when a person or a company performs an activity and does not assume all the costs of it, or all the benefits that could be reported. In this way we can distinguish:
Negative externality: Arises when not all the costs of a negative effects are assumed. In these cases, a social cost is generated, since it is the whole society that suffers the consequences of its actions. And the market price does not collect this cost.
Positive externality: Arises from a positive effect that is not reported as a benefit. An example of positive externality that we can mention is scientific research, from which society in general benefits. In these cases, market place do not reflect the real benefits.
Answer:
Self-regulation
Explanation:
Self-regulation is referred to as the ability to control one's behavior or emotions despite a seemingly terrible situation. The control of emotion is usually geared toward achieving a long term goal. self-regulation is the ability to respond to a situation in a manner and disposition that is socially acceptable and also the ability delay spontaneous reactions like anger
In children, this enables them to direct their own emotions and behavior towards a goal, irrespective of their feelings or the situations they find themselves in.
Darren was displaying self-regulation because he could control his anger and explain to Simon why cheating is bad
I think your question if if they can "co-exist", correct?
They can and they have coexisted many times in the past, and even today. A monarchy with teocracy happens when there is a ruler (monarch ) who has an absolute or near-absolute power and claims to derive this power from God.
A historical example is ancient Egypt and a current example is Vatican City
True, the Travis letter had an immense and immediate effect.