Identify the Economist Who First Addressed the Environmental Problem in Terms

question 193

Multiple Choice

Identify the economist who first addressed the environmental problem in terms of externalities.

• A)Joseph Schumpeter
• B)Maynard Keynes
• C)A.C.Pigou
• D)J.B.Say

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Definitions:

Coercive Power

A form of power based on the ability to deliver punishments or impose negative consequences to influence behavior.

Reward Power

The capability to offer rewards or positive incentives in order to influence the behavior of others or secure compliance.

Dynamic Process

A process characterized by constant change, activity, or progress, often requiring ongoing adaptation and management.

Relations of Interdependence

Mutual reliance between individuals, groups, or nations where each party depends on the others for certain resources or outcomes.