Explain how do externalities affect you?
How Do Externalities Affect You?
Part One: Consider
Consider all possible action plans and solutions to the issue you are researching. Ask what your community can do to address the issue you have chosen. What can you personally do? Are there multiple perspectives on the best way to address the problem? Conduct research in your local community to answer these questions.
Part Two: Analyze
Consider the consequences each potential solution may have on all levels of your local economy. What are the costs and benefits of your potential action plans? What are the externalities, both positive and negative, of your chosen solutions?
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