external benefit的意思|示意

External benefit is an economic term which defines the benefit that is enjoyed by an individual or organization that is not directly involved in the transaction. This can be relating to an economic activity such as production, sale or consumption. They are also known as third party benefits, or spillover benefits.

When it relates to production, an external benefit occurs when a company produces a product, but the people nearby benefit as well. For example, a company manufacturing a certain type of furniture might benefit from increased business, but the people in the surrounding community may also enjoy the benefits of better employment opportunities and a stimulating local economy.

External benefits can also occur in the sale and consumption of products, such as when one consumer purchases a product they desire. In this case, other people who are not directly involved in the transaction may also benefit through increased demand for the product. As demand increases, the prices of the product may decrease, benefiting other consumers in the market.

External benefits can also occur in the form of education, where the benefit of increased knowledge is shared with people who are not involved in the learning process. For example, if a student learns about a certain field of study, other people in the community may be able to benefit from this knowledge. Additionally, knowledge can be shared through the media, enabling people to learn from it.

External benefits can also be seen in the environment, as external benefits can result from activities that help maintain a healthy environment. For instance, if a company reduces its carbon footprint, the effects of the reduced emissions will likely be shared with people who are not directly involved in the transaction.

In conclusion, external benefits are an important part of economic activity, as they have the potential to provide benefits to people who are not directly involved in the transaction, whether it is related to production, sale, consumption, education, or the environment.