Artificialism Is the Belief That Everything That Exists Was Constructed

question 8

True/False

Artificialism is the belief that everything that exists was constructed by people (or God) for specific purposes, much as artifacts (e.g., tools, tables, automobiles) are constructed.

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Definitions:

Negative Externality

A cost suffered by a third party due to an economic transaction or activity, without compensation, such as pollution from a factory affecting nearby residents.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning that one person's consumption does not reduce the availability to others, and it's hard to prevent people from using them.

Nonrivalry-in-Consumption

A characteristic of certain goods where one person's consumption does not reduce the availability of the good for consumption by others.

External Benefit

A benefit that results from an economic transaction but is received by individuals or groups who are not direct parties to the transaction.