A Unique Aspect of Utopianism Practiced by John Humphrey Noyes

question 28

Multiple Choice

A unique aspect of utopianism practiced by John Humphrey Noyes at the Oneida Community was

• A)specialized skills in farming.
• B)the sanctity of individual property.
• C)a dedication to steam power in all aspects of life.
• D)group marriage and free love.

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Definitions:

Negative Externalities

Unintended and adverse side effects suffered by third parties or the environment as a result of economic activities.

Direct Controls

Government policies that directly constrain activities that generate negative externalities. Examples include maximum emissions limits for factory smokestacks and laws mandating the proper disposal of toxic wastes.

Economic Efficiency

A situation where resources are allocated in a way that maximizes the net benefit to society or achieves the desired output with the least waste.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction or activity, not reflected in the transaction's price.