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social cost

Title English: 
social cost
Definition English: 
The expense to an entire society resulting from a news event, an activity or a change in policy. When assessing the overall impact of its commercial actions in terms of social costs, a socially responsible business operator should take into account its own production expenses, as well as any indirect expenses or damages borne by others.
Title Arabic: 
كلفة اجتماعية
Domain: 
Economic Development
Subject: 
Economic Analysis
InformationType: 
Term
SourceSymbol: 
language staff