Examlex
Explain some of the by-products of corporatism.
External Benefit
A positive effect experienced by unrelated third parties resulting from a transaction or activity.
Subsidizing
The act of a government or organization providing financial support to reduce the cost of goods or services, often to encourage production or consumption.
External Benefit
A benefit that affects parties other than the buyers or sellers involved in a transaction, similar to a positive externality.
Traffic Congestion
A condition on road networks that occurs as use increases, characterized by slower speeds, longer trip times, and increased vehicular queuing.
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