Examlex
With trees, each item, including the first and last, have a distinct successor.
Positive Externality
A benefit that is enjoyed by a third-party as a result of an economic transaction or activity.
Subsidy
A financial aid provided by the government or a public body to reduce the cost or price of goods and services, encouraging production or consumption.
Command-And-Control Policy
It refers to environmental policies that rely on regulations (permission, prohibition, standard setting, enforcement) rather than economic incentives or market solutions.
Air Pollution
Refers to the release of pollutants into the air that are detrimental to human health and the planet as a whole.
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