To Correct for Positive Externalities the Government

question 78

Multiple Choice

To correct for positive externalities the government

• A) should allow the price system to do the correction.
• B) can impose a tax.
• C) can give a subsidy.
• D) should create a public good.

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Definitions:

Restructured Social Field

This term could describe a social environment that has undergone significant changes due to external forces or internal developments, leading to a new social structure.

Scarce Natural Resources

Natural materials that are available in limited quantities and are critically important for human survival and economic activity.

Refugees

Individuals who are forced to flee their country due to persecution, conflict, violence, or other circumstances that seriously threaten their life or freedom.

Structural Power

The form of power that emerges from the structures, systems, and frameworks within societies, governing social interactions and the distribution of resources.