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The classic example of a detrimental externality is
Accountable
Being responsible or answerable for actions or decisions, often in a professional or personal context.
Creative Destruction
The process by which newer innovations lead to the demise of older technologies and business models, driving economic growth.
Products And Methods
The goods produced and the techniques used in the creation of those goods, reflecting the efficiency and innovations in the manufacturing or service process.
Replacing Old
involves updating or substituting older products, methods, or technologies with newer ones to improve efficiency, functionality, or relevance.
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