Check sibling questions

Distinguish between positive externalities and negative externalities.

(2 marks)


Positive Externalities- It refer to activities that result in benefits to others. Example-Parks made for Public

Negative Externalities - It refer to activities that result in harm to others. Example-Pollution caused by vehicles


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Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years and a teacher from the past 17 years. He teaches Science, Economics, Accounting and English at Teachoo