Eco 365

This week's objectives seemed less complex than the previous week. I was more comfortable with all three objectives.

Researching externalities that include pollution, and personal externalities, merging (vertically, horizontally, spin-off's), and government interventions. The discussion of each objective is noted below.

From the text externalities are the effect of a decision on a third party that is not intended. There are two types of externalities, negative and positive. Negative externalities are the externalities that cause damage to others. Positive externalities have a benefit to others.

Negative externalities can cause spending in different areas that do not stimulate the market. Thus create less spending in the economy. Positive externalities create a...