Synonyms for

Externalities

Verb / ˈeˈkstɜ:ˈaɪˈtaɪz / Another word for externalities — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Externalities are the consequences or effects of an action that are experienced by unrelated third parties.

Synonyms & similar words

inwardness outwardness externality consequences impacts ramifications spin-offs byproducts results outcomes repercussions aftereffects offshoots reactions

Example sentences

  1. 1. The noise from the construction site is an externality that bothers the neighbors.
  2. 2. The positive externality of planting trees is cleaner air.
  3. 3. The negative externality of driving cars is air pollution.
  4. 4. The externality of a student's good behavior can positively impact the whole classroom.
  5. 5. The externality of a company's success can benefit the local economy.

Quotes

  • 1. 'Externalities are the side effects of economic activity.' - Paul Samuelson
  • 2. 'Externalities are the hidden costs or benefits of economic transactions that are borne by parties not directly involved in the transaction.' - Tyler Cowen
  • 3. 'Externalities are like the wind, they can blow in any direction.' - Unknown

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