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In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced components that are involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example.
Environmental justice or eco-justice, is a social movement to address environmental injustice, which occurs when poor or marginalized communities are harmed by hazardous waste, resource extraction, and other land uses from which they do not benefit. [ 1][ 2] The movement has generated hundreds of studies showing that exposure to environmental ...
Voluntary childlessness. Voluntary childlessness or childfreeness[ 1][ 2] describes the active choice not to have children. Use of the word "childfree" was first recorded in 1901 [ 3] and entered common usage among feminists during the 1970s. [ 4] The suffix - free refers to the freedom and personal choice of those to pick this lifestyle.
The Paris Agreement (or Paris Accords, Paris Climate Accords) is an international treaty on climate change that was signed in 2016. The treaty covers climate change mitigation, adaptation, and finance. The Paris Agreement was negotiated by 196 parties at the 2015 United Nations Climate Change Conference near Paris, France.
Looking at the Bear’s comparable real-life one-star restaurants in Chicago that serve “contemporary” food, $175 seems like an accurate price. Atelier serves 10 courses for $170-190 per ...
Fridays for Future demonstration in Berlin in September 2021 with the slogan "fight for climate justice". Climate justice is a type of environmental justice [ 1] that focuses on the unequal impacts of climate change on marginalized or otherwise vulnerable populations. [ 2] Climate justice seeks to achieve an equitable distribution of both the ...
It is "the first amount of the claim which the insured has to bear. If the insured has an excess of $500 and the total repair costs $3,000, then the insured has to pay $500 while the insurer pays the remaining $2,500." [3] Note that this different meaning does not apply to the British meaning of the term.
v. t. e. In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a fixed cost that must be incurred by a new entrant, regardless of production or sales activities, into a market that incumbents do not have or have not had to incur. [ 1] Because barriers to entry protect incumbent firms and restrict ...