American Farm Bureau Federation
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.
Based o n the above situation, the stage of the Maslows selfawareness model is the conscious competence. The individual comprehends or knows how to accomplish something. Be that as it may, exhibiting the aptitude or learning requires fixation. It might be separated into steps, and there is substantial cognizant inclusion in executing the new aptitude.
Answer:
The following are some of the differences between industrial cities and pre industrial cities.
Explanation:
- In industrial cities, each phase of production is carried out by specialists while in pre-industrial cities each phase is carried out by craftsmen
- Pre-industrial cities are congested while industrial cities are not.
- Industrial cities embrace modern transportation facilities while pre-industrial cities use primitive transportation technology.
- Pre-industrial cities use primitive sources of energy while industrial cities embrace modern energy sources.
