{"id":6543,"date":"2018-02-05T15:37:35","date_gmt":"2018-02-05T15:37:35","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/chapter\/outcome-positive-and-negative-externalities\/"},"modified":"2024-04-25T23:02:30","modified_gmt":"2024-04-25T23:02:30","slug":"introduction-to-positive-and-negative-externalities","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/chapter\/introduction-to-positive-and-negative-externalities\/","title":{"raw":"Introduction to Positive and Negative Externalities","rendered":"Introduction to Positive and Negative Externalities"},"content":{"raw":"<h2>What you\u2019ll learn to do: define and give examples of positive and negative externalities<\/h2>\r\n[caption id=\"attachment_8093\" align=\"aligncenter\" width=\"616\"]<a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2042\/2018\/02\/03181655\/27439817396_ff7952201d_o.jpg\"><img class=\"wp-image-8093\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2042\/2018\/02\/03181655\/27439817396_ff7952201d_o-1024x683.jpg\" alt=\"Image of a deflated gold balloon with the text &quot;Congrats Grad!&quot;. In the near background are trees and rose bushes. In the far background is the United States of America capitol congress building.\" width=\"616\" height=\"411\" \/><\/a> <b>Figure 1.\u00a0<\/b>What does society gain from investing in the education of another student? While not always easy to measure, recent studies suggest the positive externalities to education typically include better health outcomes for the population, lower levels of crime, a cleaner environment and a more stable, democratic government.[\/caption]\r\n\r\nIn this section, you\u00a0will explore in detail the spillover effects of positive and negative externalities.\u00a0<span class=\"s1\">These include positive effects like improved technologies or <\/span>negative effects like pollution.","rendered":"<h2>What you\u2019ll learn to do: define and give examples of positive and negative externalities<\/h2>\n<div id=\"attachment_8093\" style=\"width: 626px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2042\/2018\/02\/03181655\/27439817396_ff7952201d_o.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8093\" class=\"wp-image-8093\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2042\/2018\/02\/03181655\/27439817396_ff7952201d_o-1024x683.jpg\" alt=\"Image of a deflated gold balloon with the text &quot;Congrats Grad!&quot;. In the near background are trees and rose bushes. In the far background is the United States of America capitol congress building.\" width=\"616\" height=\"411\" \/><\/a><\/p>\n<p id=\"caption-attachment-8093\" class=\"wp-caption-text\"><b>Figure 1.\u00a0<\/b>What does society gain from investing in the education of another student? While not always easy to measure, recent studies suggest the positive externalities to education typically include better health outcomes for the population, lower levels of crime, a cleaner environment and a more stable, democratic government.<\/p>\n<\/div>\n<p>In this section, you\u00a0will explore in detail the spillover effects of positive and negative externalities.\u00a0<span class=\"s1\">These include positive effects like improved technologies or <\/span>negative effects like pollution.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-6543\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Introduction to Positive and Negative Externalities. <strong>Authored by<\/strong>: Steven Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>open to interpretation. <strong>Authored by<\/strong>: Lorie Shaull. <strong>Provided by<\/strong>: flickr. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/www.flickr.com\/photos\/number7cloud\/27439817396\/\">https:\/\/www.flickr.com\/photos\/number7cloud\/27439817396\/<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by-sa\/4.0\/\">CC BY-SA: Attribution-ShareAlike<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":29,"menu_order":6,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Introduction to Positive and Negative Externalities\",\"author\":\"Steven Greenlaw and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"open to interpretation\",\"author\":\"Lorie Shaull\",\"organization\":\"flickr\",\"url\":\"https:\/\/www.flickr.com\/photos\/number7cloud\/27439817396\/\",\"project\":\"\",\"license\":\"cc-by-sa\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"3eb20152-5734-4fca-a96d-f700aa7e26a4","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-6543","chapter","type-chapter","status-publish","hentry"],"part":6533,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/6543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/wp\/v2\/users\/29"}],"version-history":[{"count":11,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/6543\/revisions"}],"predecessor-version":[{"id":10230,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/6543\/revisions\/10230"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/parts\/6533"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapters\/6543\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/wp\/v2\/media?parent=6543"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=6543"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/wp\/v2\/contributor?post=6543"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-microeconomics\/wp-json\/wp\/v2\/license?post=6543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}