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What were the political, social, economic, and/or cultural consequences of this item: the Congress of Racial Equality?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.
Externality Analysis
The study of costs or benefits that affect parties who did not choose to incur that cost or benefit, typically used in the context of environmental and public policy.
Public Interest Theory
A theory suggesting that regulation is supplied in response to the demand of the public for the correction of inefficient or inequitable market practices.
Excise Tax
A tax on the sale or consumption of specific goods or services, such as tobacco, alcohol, and fuel.
Per Gallon
A unit of measurement used to quantify quantities, such as fuel efficiency or liquid commodity prices, based on volume per gallon.
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