social cost

Examples (10)

• The government failed to consider the high social cost of its new housing policy.
• While the factory boosts the economy, the pollution it creates represents a significant social cost.
• The long-term social cost of the pandemic includes rising mental health issues and educational disparities.
• Economists are trying to calculate the true social cost of unemployment.
• The rapid rise of automation comes with a social cost, namely the displacement of human workers.
• The social cost of crime extends beyond financial losses to include fear and a breakdown of community trust.
• A key principle of welfare economics is to minimize the social cost of production.
• We must analyze the potential social cost before implementing such a drastic change.
• The benefits of the new dam may not outweigh its immense social cost.
• Gambling addiction carries a heavy personal and social cost, affecting families and communities.