Examlex
The vast majority of lifespan development focuses on
Externality
A cost or benefit arising from an activity or transaction that affects an unrelated third party who did not choose to incur that cost or benefit.
Command-And-Control Policies
Governmental regulations that directly mandate specific practices or limit activities in order to achieve policy outcomes, such as environmental standards.
Market-Based Policies
Economic strategies that utilize market principles and forces to address and solve problems, often with the goal of improving efficiency and outcomes.
Environmental Protection Agency
A U.S. federal agency established to coordinate and enforce national pollution control laws and regulations to protect human health and the environment.
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