Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

How do governments correct for the unfairness of negative externalities? They create public goods. They pay the sufferers from tax money. They regulate firms and make such practices illegal. They educate citizens about such unfair practices.

Sagot :

In general, governments correct for the unfairness of negative externalities in that they "they regulate firms and make such practices illegal," although this is not always done properly.

they can impose fines for the damage or ensure that businesses do not cause such damage in the first place