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What was the origin of the Ming empire?
Positive Externalities
Benefits enjoyed by third-party individuals or the society at large, which result from an economic activity but are not reflected in the market prices.
Negative Externality
An external effect of a product or activity that imposes a negative impact on a third party or the environment.
Internalize
The process of taking into account the external effects of economic actions, such as externalities, within the decision-making process.
Noise Pollution
Unwanted or harmful outdoor sound created by human activities, such as transportation, industrial, or recreational activities.
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