Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
A→B→C→D
B
B→A→C→D
C
A→C→B→D
D
A→B→D→C
Understanding the Answer
Let's break down why this is correct
Answer
To address positive externalities in consumption, the process begins when the government identifies a positive externality. This means they recognize that certain goods or services, like education or public parks, provide benefits not just to the individual using them but also to society as a whole. Next, the government implements policies to encourage more people to consume these goods, such as subsidies or tax breaks. As a result of these policies, increased consumption occurs, leading to greater societal benefits, like a more educated population or improved public health. Finally, it's important for the government to evaluate how effective these policies have been in achieving their goals, ensuring that the benefits continue to grow.
Detailed Explanation
First, the government sees a good thing happening, like more people using public parks. Other options are incorrect because This suggests making rules before knowing what the good thing is; This order skips the important step of making rules.
Key Concepts
Positive Externalities in Consumption
Government Policy Intervention
Societal Wellbeing
Topic
Positive Externalities in Consumption
Difficulty
hard level question
Cognitive Level
understand
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.