After a Community Was Hit by Flooding, the Nurses at a Local

question 6

Multiple Choice

After a community was hit by flooding, the nurses at a local hospital helped to make sure people had adequate food and clothing. Which function of community help were these nurses focused on restoring?

• A) Mutual support.
• B) Distribution of goods and services.
• C) Social control.
• D) Social interparticipation.

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Definitions:

Externalities

Costs or benefits of a market activity borne by a third party; externalities can be either positive or negative.

Pigovian Taxes

Taxes imposed on activities that generate negative externalities, aiming to correct market inefficiencies and reduce unwanted behaviors.

Regulatory Policies

Rules or guidelines issued by governmental agencies to control or direct economic or social activities.

Negative Externalities

Economic activities that impose a cost on third parties who are not directly involved in the activity, such as pollution.