In Order to Correct the Problems Associated with External Costs

question 24

Multiple Choice

In order to correct the problems associated with external costs,

• A) the signals given to the economy must change so that decision-makers will take into account all the costs of their actions.
• B) the government must take over production of industries that are responsible for most of the pollution.
• C) standards must be established that make it illegal to pollute.
• D) the prices of all goods must be raised so people will consume less of the world's resources.

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Definitions:

Respectability Politics

The attempts by marginalized groups to police their own members and show their social values as being continuous and compatible with mainstream values rather than challenging the status quo.

Black Lives Matter

A movement advocating for non-violent civil disobedience in protest against incidents of police brutality and racially motivated violence against black people.

Neoliberal Colorblind Policies

Policies that ignore racial disparities, promoting a market-driven approach to social issues without addressing systemic racism.

White Supremacy

The belief in the superiority of white people and the societal structures and practices that propagate this belief, often resulting in discrimination and oppression of non-white peoples.