externality
/ˌekstɜːˈnæləti/noun
उच्चारण एक्स्टर्नैलटी
बाह्यता, बाहरी प्रभाव (अर्थशास्त्र में)
Advanced word
noun
- 1
[C, usually plural] technical
(in economics) an effect of business or other activity on people who are not directly involved in it, which is not reflected in the price paid
बाह्यता, बाहरी प्रभाव (अर्थशास्त्र में)
- Pollution is a classic example of a negative externality.
- Education creates positive externalities for the whole of society.
◇Word family
external adjective
✓In the exam
General knowledge
In economics, a negative externality such as pollution harms others, while a positive externality such as vaccination benefits others.
अर्थशास्त्र में प्रदूषण जैसी negative externality दूसरों को नुकसान पहुँचाती है, जबकि टीकाकरण जैसी positive externality दूसरों को लाभ पहुँचाती है।