Externality effects of common property resource degradation
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Answer:
Externality effects of common property resource degradation:
Air pollution from burning fossil fuels in powerhouses and industries. This activity causes damages to crops, materials and buildings and public health.
Anthropogenic climate change as a consequence of greenhouse gas emissions from the burning of fossil fuels and the rearing of livestock.
Water pollution by industries that adds effluent and harms plants, animals, and humans.
Noise pollution during the industrial production process which may be mentally and psychologically disruptive.
Increase in antibiotic-resistant bacteria because of the overuse of antibiotics in animal farming. This also leads to air quality problems, the contamination of rivers, streams, and coastal waters with concentrated animal waste.
The depletion of the stock of fish in the ocean due to overfishing.
Consumption by one consumer of goods in addition to their existing supply causes prices to rise and therefore makes other consumers worse off.
Second-hand smoke from cigarettes harm other's respiratory system.
When more people use public roads, road users experience traffic congestion costs, such as more waiting in traffic and longer trip times. Increased road users also increase the likelihood of road accidents.
Answer:
Environmental degradation is the deterioration of the environment through depletion of resources such as air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; and pollution. ... When natural habitats are destroyed or natural resources are depleted, the environment is degraded.