Examlex

Solved

What Does It Mean If an Industry Has External Economies

question 40

Essay

What does it mean if an industry has external economies?


Definitions:

John Stuart Mill

A British philosopher and political economist known for his contributions to liberalism, utilitarianism, and the freedom of speech.

Significant

Having a particular meaning; indicative of something important or of consequence.

Attractive

Possessing features, qualities or characteristics that appeal to aesthetic, physical, or emotional desires.

Society

A community of people living together in a more or less ordered community, sharing customs, laws, and organizations.

Related Questions