There was an ongoing impeachment process against Richard Nixon.
It was first discovered that the earth's ozone layer was being depleted in South America.
Answer:
There are four types of externalities : Positive consumption, Negative consumption, positive production and negative production. The Acid rain and the pollution emitted by the factories can pollute the environment and affect the health of nearby residents. The negative externalities occur when external costs are imposed on the third party which is outside the market due to consumption and production and no compensation is paid to them.
It is indiscriminate and risky banking practices!
