Global Economies Flashcards

1
Q

externalities

A

unwanted or unanticipated consequences of using a resource

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2
Q

world bank

A

Goal to

end extreme poverty in developing countries and promote prosperity by fostering income growth

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3
Q

tragedy of the commons

A

too many people fishing before they can replenish

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4
Q

marginal costs

A

additional costs

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5
Q

marginal benefits

A

added benefits

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