Examlex
Why is the token system significant?
Technology Spillover
Occurs when technological advances or innovations benefit other sectors or industries, beyond the original intention.
Negative Externality
A cost that affects a party who did not choose to incur that cost, often associated with environmental, health, and social issues.
Government Subsidized
A financial contribution provided by the government to support industries, businesses, or individuals, often aimed at achieving economic or social objectives.
Negative Externalities
Costs suffered by a third party due to an economic transaction that they were not directly involved in, often leading to market failure.
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