Externalities positives
• If you avoid driving or getting a taxi to work or any other place this will reduce congestion and pollution, this will benefit other people and yourself.
• A positive externalities is a individual that receives less benefits to the society for example with healthcare, private treatments for contagious diseases provides considerable benefit to others for which they do not pay. This can have impact on other people that does not receive free healthcare, there isn’t equality, people that receive free healthcare that can take advantage of the situation and not give a chance to others.
Arguments for government intervention
Greater equality –The income and wealth should be sorted out for better equality of chances
• If you avoid driving or getting a taxi to work or any other place this will reduce congestion and pollution, this will benefit other people and yourself.
• A positive externalities is a individual that receives less benefits to the society for example with healthcare, private treatments for contagious diseases provides considerable benefit to others for which they do not pay. This can have impact on other people that does not receive free healthcare, there isn’t equality, people that receive free healthcare that can take advantage of the situation and not give a chance to others.
Arguments for government intervention
Greater equality –The income and wealth should be sorted out for better equality of chances