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Unformatted text preview: decision making in a market; an external effect, often unforeseen or unintended, accompanying a process or activity Hidden subsidy = indirect spending that promotes a particular economic activity (e.g., cars) o Road construction, maintenance, and repair o Emergency services responding to motor vehicle accidents o Military intervention in the Middle East Even though we have seen real improvements from strict emission controls, the growth in use of automobiles/trucks have wiped out much of the gain from emission controls In fact, automobiles are implicated in acid rain, reduced fertility, in animal species, and oil spills 27% of US carbon dioxide emissions come from automobiles Factory Farms (big industrial farms focused on mass production) pollute the rural areas...
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This note was uploaded on 02/27/2011 for the course SOC 1445 taught by Professor Epitropoulos during the Spring '11 term at Pittsburgh.
- Spring '11