Instructions: Identify the Following

question 35

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
"Exodusters"

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Definitions:

Environmental Racism

The practice of disproportionately situating environmental hazards and harmful industries near minority or low-income communities.

Imperfect Price Signals

Situations in which prices do not fully reflect all the relevant information, leading to inefficiencies or misallocations in the market.

Actual Cost

The total expenditure incurred in the production of goods or services, including all direct and indirect costs.

Society

A large group of people living together in a more or less ordered community, sharing customs, laws, and organizations.