Answer with Explanation:
The relative location of the Philippines has a huge effect to the country's culture. Before the colonization of the Spaniards, <em>the country became the center of trade</em>; thus, it was easier for different nationalities to visit the Philippines for the reason of trading.
Some of the nationalities who traded with the country came from <em>China, Thailand, Cambodia, Arabia, India and Vietnam.</em> In line with this, the Filipinos were influenced by the different cultures coming from these foreign visitors. Filipinos took their<u> style of clothing, beliefs, food, and even language</u>.
It was easy to spot the country and it also became a strategic location for various reasons.
NASA satellite observations and citizen science helped build a database called HIVE-OS to help local businesses understand variables like soil moisture and plants that affect honeybee health.
Answer:
A carbon tax aims to make individuals and firms pay the full social cost of carbon pollution. In theory, the tax will reduce pollution and encourage more environmentally friendly alternatives. However, critics argue a tax on carbon will increase costs for business and reduce levels of investment and economic growth.
pros-cons-carbon-tax
The purpose of a carbon tax
The purpose of a carbon tax is to internalise this externality. What this means is that the final price of the good should include the external costs and not just the private cost. It is similar to the ‘polluter pays principle.‘ – which was incorporated into international law at the 1992 Rio Summit. It simply means those who cause environmental costs should be made to pay the full social cost of their actions.
Diagram to show welfare loss of a negative externality
negative-externality-id
This diagram shows that in a free market (without any tax), we get overconsumption (Q1) of carbon, leading to a welfare loss to society.
Social efficiency with Carbon Tax
tax-on-negative-externality
Explanation:
