The invention of the Internet created the positive externality of new technology jobs and the negative externality of reduced clerical jobs.

Question

Quizplus · Accepted Answer

The invention of the Internet allowed for the creation of new technology jobs (such as web developers and network administrators) and led to a decrease in clerical jobs as software and automation replaced some administrative tasks. Therefore, there are both positive and negative externalities associated with the invention of the Internet.

The Invention of the Internet Created the Positive Externality of New