Inoculation programs against certain diseases such as small pox, polio, and whooping cough create

Question

Quizplus · Accepted Answer

Inoculation programs create positive externalities in consumption because the benefits of being vaccinated extend beyond the individual receiving the vaccine. When people are vaccinated against a disease, they not only reduce their own chances of contracting the disease, but they also reduce the chances of the disease spreading to others who may not be immune. This creates a spillover benefit to society as a whole.

Inoculation Programs Against Certain Diseases Such as Small Pox, Polio