A shift from S1 to S2 reflects the change that happens when a negative externality is taken into account. A shift from D1 to D2 reflects the change that happens when a positive externality is taken into account.
-Refer to the above figures. An external cost exists. This will lead to a(n)
Definitions:
Ancestral Territory
Land that is considered spiritually and historically significant to a group of people, often indigenous groups, because their ancestors lived and operated on it.
Civil Liberties
Fundamental rights and freedoms protected by law from government interference, including freedom of speech, privacy, and equal treatment.
Habeas Corpus
A legal principle that protects individuals from arbitrary detention by requiring authorities to present them before a court or judge.
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