Externalities

An Externality is a benfit incurred by a group that diddn’t agree to the action that made that benefit. Externalities can be bad to gerneral economy, because they allow production of a product that may not have been entirly wanted. An example could be burning coal for fuel. While the burnt coal will allow a machine to run, the externatlity, smoke, could cause medical problems to a work force mantaining the machine. While not all externalities are as unsatisfying, it is important to reconize any changes that could cause them in the market.

Aaron’s Expectations

The two things I want to learn about is balancing checks and physchology. I want to learn balancing because it’ll help with my career. I want to learn physchology because some of my friends are weird. I expect us to learn the iPod and blackboard.