Examlex
When Thorndike studied cats escaping from puzzle boxes,what result was usual?
Economic Output
The total value of all goods and services produced by an economy over a specific time period.
Social Welfare
Organized public or private social services for the assistance of disadvantaged groups.
Internalizing External Costs
The process of ensuring that the prices of goods and services fully reflect all the costs and benefits, including those impacts on the environment and human health that are not accounted for in the market price.
Environmental Degradation
The deterioration of the environment through depletion of resources such as air, water, and soil; the destruction of ecosystems; and the extinction of wildlife.
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