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how do positive externalities from a public park project affect the loc…

Question

how do positive externalities from a public park project affect the local communitys economy?
a they lead to a decrease in property values due to increased public usage.
b they isolate the community from state and national economic activities.
c they can increase property values and attract tourism, boosting local businesses.
d they can cause an increase in crime, preventing new businesses from moving into the area.

Explanation:

Brief Explanations

Positive externalities from a public park project typically have beneficial economic impacts. Option C states that they can increase property values, attract tourism, and boost local businesses, which aligns with how positive externalities (beneficial spillover effects) work. Option A suggests a decrease in property values (negative impact, not positive externality). Option B's isolation from state/national economic activities is not related to positive externalities of a public park. Option D describes negative impacts (crime, deterring businesses), which are negative externalities, not positive.

Answer:

C. They can increase property values and attract tourism, boosting local businesses.