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Twenty Years Ago,few People in the United States Had Never

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Twenty years ago,few people in the United States had never heard of naan-an oven-baked flat bread that is a staple of many Indian meals.Today,prepackaged naan can be found in many U.S.supermarkets and is becoming increasingly common on dinner tables from California to Kansas.Sociologists would say that this is an example of


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Donations

Voluntary transfers of resources, including money or goods, from one party to another without the expectation of receiving something in return.

External Benefits

The positive effects of a production or consumption activity on third parties who are not directly involved in the transaction.

Efficient Level

The optimal point of production or operation where resources are utilized in the most effective manner, without waste, to achieve a desired outcome or maximized benefit.

External Costs

Costs caused by a business activity that are not borne by the business itself, but by other people or the environment.

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