Does the Phenomenon of Externalities Strengthen the Argument That We

question 79

Essay

Does the phenomenon of externalities strengthen the argument that we should rely upon the "invisible hand" of the marketplace, or does it weaken that argument?

---

Definitions:

Life Expectancy

The average number of years a person can expect to live.

Parents

Adults who have a child or children, either biologically, through adoption, or via other means, and are responsible for their care and upbringing.

Children

Young human beings, typically defined as persons from birth until puberty.

Decades Ago

a term used to reference a period of ten years or more in the past.