Suggest a Remedial Measure for Each of the Following Externalities

question 51

Essay

Suggest a remedial measure for each of the following externalities if: (1) the whole world had only one government and (2) a particular nation is harmed and is acting alone. The individual situations are as follows:
a.Pollution from domestic consumption
b.Pollution from foreign consumption
c.Pollution from world consumption

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Definitions:

Self-actualized Personality

A psychological state or trait in which a person realizes their full potential, acting autonomously and with a sense of fulfilling their capabilities.

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.

Independence

The state of being self-sufficient and free from outside control, managing one's own affairs without aid or influence.

Creativity

Refers to the ability to generate new and valuable ideas or solutions.