there are both positive externalities and negative externalities. What is the difference and should...

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there are both positive externalities and negative externalities. What is the difference and should the government try to control both?1 paragraph min with cited apa reference

Robert · Accepted Answer

Positive externalities tend to refer to the societal benefit associated with the consumption of a 
particular product or service whereas negative externalities tend to refer to the societal cost 
associated with the consumption of a particular product or service. An example of negative 
externality is the impact of health of smoker and others nearby through the consumption of 
cigarettes.

there are both positive externalities and negative externalities. What is the difference and should the government try to control both? 1 paragraph min with cited apa reference

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