An implicit agreement among the members of a society to cooperate for social benefits, for example by sacrificing some individual freedom for state protection. Theories of a social contract became popular in the 16th, 17th, and 18th centuries among theorists such as Thomas Hobbes, John Locke, and Jean-Jacques Rousseau, as a means of explaining the origin of government and the obligations of subjects.
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Government can play a role in reducing negative externalities by taxing goods when their production generates spillover costs. This taxation effectively increases the cost of producing such goods. ... The use of such a tax is called internalizing the externality.
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<em>Education is of prime importance in every individual’s life. Education is often looked upon as the sole key to a bright and comfortable future for any child. According to many experts, education can be defined as the process through which learning is facilitated. It can also be defined as the process of acquiring different skills, knowledge, habits, values, and beliefs regarding all sorts of different topics. On the other hand, moral education can be defined as a type of teaching which is aimed at developing children who are good, moral, mannered, civic, non-bullying, behaved, critical, healthy, successful, compliant, tradition, and have socially acceptable qualities. Moral education is one of the oldest fields of teaching which includes a range of topics like life skill education, health education, violence prevention education, ethical reasoning, cognitive development, and many other topics. There are many benefits or reasons why moral education is important.</em>
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its proportional i jus did it lol yw
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