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What are negative externalities?

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What are negative externalities?

Posted by Vâňšh Âřôřâ 6 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Abhishek Thakur 6 years, 10 months ago

It means harm caused by an individual for which he doesn't penalised. Example of negative externalities are:- Traffic jam, pollution, environmental degradation etc.

Nivedida Mohan Babu 6 years, 10 months ago

it refers to the harms caused by an individual or institution for which they are not paid or penalised. eg :industries causing environmental pollution

Japneet Singh 6 years, 10 months ago

Poisonous smoke from factories or chimneys

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