The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are not included. Externality means a market failure, in the sense that the product put on the market does not have a price that contains all of the gains or losses resulting from its production.
Arc of deforestation
Arc of deforestation
The region where the agricultural border advances towards the forest and also where the highest rates of deforestation of the Amazon are found. It corresponds to 500 thousand km² of land, going from the east and south of the Brazilian state of Pará towards the...