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Explain Ways in Which the Government Can Remedy an Externality

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Explain ways in which the government can remedy an externality.


Definitions:

Community

A collection of individuals residing in a similar location or sharing a specific trait.

Unpaid Extra Hours

Time spent working beyond the contracted hours without additional pay, often exceeding the standard workweek expectations.

Japanese Government

The constitutional framework that defines the political structure of Japan, consisting of an Emperor and an elected government with a Prime Minister, Cabinet, and bicameral legislature.

Employees

Individuals who work for another person or for a company in exchange for compensation, forming the backbone of an organization's workforce.

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