social cost

Definitions

General Science

• noun the full cost to society of an activity, including hidden costs as well as direct costs

Economics

• The cost to society as a whole from an event, action, or policy change. Includes negative externalities and does not count costs that are transfers to others, in contrast to private cost.

Marketing

• noun a negative effect of a type of production on society

Nearby Definitions of “social cost”

• soboro
• sociétés joyeuses
• social capital
• Social Chapter
• Social Class
• social cost
• Social Cost or Benefit
• Social Discount Rate
• social dumping
• social engineering
• social opportunity cost

Contexts for “social cost”

3 definitions in context
• General Science
• Economics
• Marketing