An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the trans
Lesson Summary. Externalizing behaviors are problem behaviors that are directed toward the external environment. They include physical aggression, disobeying rules, cheating, stealing, and destruction of property.
Like other defense mechanisms, externalization is a protection against anxiety and is, therefore, part of a healthy, normally functioning mind. However, if taken to excess, it can lead to the development of a neurosis. Externalization can also be used in the context of a corporation. A corporation that externalizes its costs onto society and the environment is not taking full responsibility and ownership of these costs.