-Education Is a Good Example of a Positive Externality Because

question 85

True/False

-Education is a good example of a positive externality because the benefits of an education accrue not only to the individual, but also to society as a whole.

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Definitions:

Political Expression

The act of conveying one's political beliefs, opinions, or support for specific causes or candidates, often protected under freedom of speech.

First Amendment

An amendment to the United States Constitution guaranteeing freedoms concerning religion, expression, assembly, and the right to petition.

Corporations

Legal entities created under state law that have a separate legal personality, can own property, enter into contracts, and be sued or sue.

Judicial Review

The courts’ power to declare the actions of the other branches of government unconstitutional.