1.3.2 Mixed Externalities (Edexcel A-Level Economics Teaching PowerPoint)

This teaching powerpoint covers Mixed Externalities

Plastic is a good example. On the one hand, plastic has many useful applications and is a cheap material to produce, making it beneficial in many ways. On the other hand, plastic can have negative effects on the environment and human health. Plastic pollution is a growing problem, with plastic waste ending up in the ocean and harming marine life. Plastic is also associated with health risks, such as endocrine disruption and cancer. So, overall, the use of plastic has both positive and negative effects. This makes it a classic example of a product with mixed externalities.