If cause actions of the one parties adverse effects to the other party by the impact it may cause another to perform better or worse. We call it "the impact from the externalities. The impact from the outside, it has both positive and negative aspects. The purpose of this essay will discuss to negative external effects on the economy
Explain what negative externalities are, and why there may be a case for government intervention to address them. Describe some of the ways to correct the negative externalities and the pros and cons of each method. Provide real life examples.