Examlex
Which of the following statements is true?
Production
The process of creating goods and services from various inputs like labor, technology, and raw materials.
Pollution
The contamination of the natural environment with harmful substances or energy, leading to adverse effects on living organisms and ecosystems.
Externality
An economic side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in market prices, either positively or negatively.
Steel Industry
A sector of the economy that deals with the production, distribution, and consumption of steel products.
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