Pollution Is an Example of External Costs

question 18

True/False

Pollution is an example of external costs.

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Definitions:

Activity Theory

A theory that suggests aging individuals will benefit from staying active and engaged to maintain happiness and well-being.

Aging

The process of becoming older or more mature, involving biological, emotional, intellectual, social, and spiritual changes over time.

Volunteering

Offering to do something without being forced to or without getting paid for it, often to help individuals, groups, or causes for social or community benefits.

Hobby

A leisure activity that is pursued for pleasure and relaxation, not for financial gain or professional reasons.