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Thus, technologies can create "order" in the human economy (i.e., order as manifested in buildings, factories, transportation networks, communication systems, etc.) only at the expense of increasing "disorder" in the environment. According to several studies, increased entropy is likely to correlate to negative environmental impacts.
In economics, a good, service or resource is broadly assigned two fundamental characteristics; a degree of excludability and a degree of rivalry. Excludability was originally proposed in 1954 by American economist Paul Samuelson where he formalised the concept now known as public goods , i.e. goods that are both non-rivalrous and non-excludable ...
very (informal) (as in jolly good) an excursion or trip, usually at another's expense ("off on a jolly") happy; jovial jug any container with a handle and a mouth or spout for liquid (US: pitcher) (jugs) breasts (slang) large container with a narrow mouth and handle for liquids (similar to UK pitcher) jumper
The FDA has banned red dye No. 3, as the synthetic additive is known to cause cancer. Nutritionists Ilana Muhlstein and Robin DeCicco discuss what this means for American health.
The bird flu outbreak has taken concerning turns, with more than 60 human cases confirmed. Experts outlined four signs that the virus is going in the wrong direction.
Synonyms for a popular food. 2. To make contact with something (usually with force). 3. These help you navigate/explore the internet. 4. The last part of these words is related to popular brands ...
A merit good can be defined as a good which would be under-consumed (and under-produced) by a free market economy, due to two main reasons: When consumed, a merit good creates positive externalities (an externality being a third party/spill-over effect of the consumption or production of the good/service). This means that there is a divergence ...
Another approach is water privatization; despite its economic and cultural effects, service quality and overall quality of the water can be more easily controlled and distributed. Rationality and sustainability is appropriate, and requires limits to overexploitation and pollution and efforts in conservation.