Ma week 2 discussion 1
and Negative Externalities
The Government monitors and regulates businesses in both the public and private
sectors, to ensure they are complying with Federal, State and local rules and
regulations. The result of these regulations can be referred to as
positive or negative externalities.
Provide an example of positive and negative externalities in the police
(public) sector. What kind of impact can these externalities have on a budget
and the people responsible for creating the budget?
Our discussion first individuals
response need good and bad of post list references thanks
Externalities are the incidental effects that the activities or actions of
one party have on another party. Positive externalities occur when the actions
of a person or entity have a positive impact on an unrelated party. Negative
externalities occur when a party's actions have an adverse impact on other
individuals or entities (Ciaran, 2015).
In Iraq the United States and Coalition forces used the burn pit method to
dispose of all the garbage that was produced daily in every Forward Operating
Bases known as FOB’s. This was a simple process all they had to do is to
dig a big hole in an open area fence it off and dump trash in it. This
process would also save the government money by not having to haul out the
garbage in trucks to permanent landfills. Placing them in trucks would mean
that they would have to send them out in convoys with security. This
would place service members and the drivers at risk of being attacked or
getting struck by road side bombs. This was a positive externality.
In these burn pits there was no regulation as to what was allowed to be
burned so service members would dump Styrofoam, glass, chemicals and other
toxic materials into the pits. The FOB’s were kept clean and the garbage
eliminated but, they did not think about the consequences of the toxic smoke
that would change direction according to the wind. Most of us would spend
hours in direct smoke with no breathing devices causing long term breathing
problems for most of us. Now this will cost the government more money
because they will have to provide long term health care that is costly and pay
out money for compensation for those who were directly affected.