If,while Producing Goods and Services,a Factory Is Producing Pollution and Not

question 10

Multiple Choice

If,while producing goods and services,a factory is producing pollution and not incurring the cost of this pollution,then a(n) ________ exists.

• A) government failure
• B) market failure
• C) acceptable outcome
• D) none of the above

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Definitions:

European Diseases

Infectious diseases brought to the Americas by European explorers and colonists that had devastating impacts on the indigenous populations, due to lack of prior exposure and immunity.

Continental Isolation

The concept of a country, specifically the United States, being separated and insulated from the direct conflicts and politics of other continents, particularly Europe, due to geographical distance.

Native Americans

The indigenous peoples of the United States, including American Indians and Alaska Natives, with distinct cultures, languages, and histories.

Above-ground

Pertains to structures, systems, or cables located on or above the surface of the earth, as opposed to being buried underground.