Answer:
What do pollution, education, and your neighbor's dog have in common?
No, that's not a trick question. All three are actually examples of economic transactions that include externalities.
When markets are functioning well, all the costs and benefits of a transaction for a good or service are absorbed by the buyer and seller. For example, when you buy a doughnut at the store, it's reasonable to assume all the costs and benefits of the transaction are contained between the seller and you, the buyer. However, sometimes, costs or benefits may spill over to a third party not directly involved in the transaction. These spillover costs and benefits are called externalities. A negative externality occurs when a cost spills over. A positive externality occurs when a benefit spills over. So, externalities occur when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.
Explanation:
A is incorrect because Lincoln ran for the republican party.
D is incorrect because the Democratic party was pro-slavery.
So that leaves us with B and C.
I don't know who John C. Breckinridge is, but I do know that Lincoln was the least popular candidate running for president. The only reason Lincoln won the election was because the democratic party split their votes between two candidates, so neither democratic candidate got enough votes to win the election.
So the answer is B.
Answer:
The compromise admitted California as a free state and did not regulate slavery in the remainder of the Mexican cession all while strengthening the Fugitive Slave Act, a law which compelled Northerners to seize and return escaped slaves to the South.The Compromise of 1850 pacified the nation for only a short time. In the end, neither the North nor the South was truly happy with the agreement, and both sides grew increasingly agitated and bitter about the state of affairs.For nearly a century, the people and politicians of the Northern and Southern states had been clashing over the issues that finally led to war: economic interests, cultural values, the power of the federal government to control the states, and, most importantly, slavery in American society.
Explanation:
