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A Technology Spillover Is a Type of Negative Externality

question 115

True/False

A technology spillover is a type of negative externality.


Definitions:

Thomas Friedman

An American journalist, author, and three-time Pulitzer Prize winner known for his work on foreign affairs, global trade, the Middle East, globalization, and environmental issues.

Global Forces

The various worldwide factors, such as economic, technological, sociocultural, and political changes, that influence businesses, economies, and societies.

Globalization Of Markets

The process by which businesses or other organizations develop international influence or start operating on an international scale, making products and services more universally accessible.

Social Networks

Platforms or structures that connect individuals or organizations, allowing them to share information, interests, or activities.

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