Greater or Impact Positive Externalities Innovation : Research and development carrie out by one company or individual can benefit an entire industry or society in general. eucation : Individuals who obtain higher eucation can make positive contributions to society through increase productivity and better knowlege. Clean Technology Investments in clean and environmentally friendly technologies can have a positive impact by reucing pollution and negative environmental impacts.
Economic impact Greater or
Negative Impact (Negative Externality): Environmental Pollution : Industrial activities, such as waste disposal or greenhouse gas emissions, can result in air and water pollution that damages the environment and human health. Traffic Density : Traffic Philippines Mobile Number List density can produce noise and traffic jams which are detrimental to the people living around the area. Smoking : Smoking can produce smoke that is harmful not only to the smoker, but also to people around them through exposure to passive smoke.
Groups of society receive
Social and Economic Impact: Community Welfare : Externalities can affect the welfare of society as a whole. Positive externalities can improve Philippine Whatsapp Number welfare, while negative externalities can harm society. Reucing or Increasing Welfare : The impact of externalities can reuce or increase the welfare of individuals and groups in society, depending on whether they receive benefits or losses from this concept.
