Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Increased education leading to higher productivity
B
Pollution from industrial activities
C
Overfishing of ocean resources
D
Traffic congestion in urban areas
Understanding the Answer
Let's break down why this is correct
Answer
A positive externality in consumption happens when someone’s use of a good or service benefits others in society, not just themselves. For example, when a person gets vaccinated against a contagious disease, they help protect not only their own health but also the health of those around them. This leads to fewer people getting sick, which can lower healthcare costs and improve overall community well-being. Such benefits make the community healthier and happier, contributing to social welfare. Therefore, positive externalities show how individual actions can lead to greater benefits for everyone.
Detailed Explanation
When more people get educated, they can work better and earn more. Other options are incorrect because Pollution harms people and the environment; Overfishing reduces fish populations.
Key Concepts
social welfare
Topic
Positive Externalities in Consumption
Difficulty
easy level question
Cognitive Level
understand
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