​If a Good Gives Rise to Substantial External Benefits to Society

question 179

True/False

​If a good gives rise to substantial external benefits to society that are associated with its production and/or consumption, then the good likely has too many resources devoted to its production.

---

Definitions:

Family Support

A set of beliefs and an approach to strengthening and empowering families that will positively affect children’s development and learning.

Baumrind's Parenting Styles

A categorization of parenting styles identified by developmental psychologist Diana Baumrind, including authoritative, authoritarian, permissive, and neglectful.

Caregiving Settings

Environments where support and assistance are provided to individuals who need help due to age, illness, or disability, such as homes, daycares, and healthcare facilities.

Life Span

denotes the maximum duration of life specific to a species or the entire existence of an individual from birth to death.