Discuss How government policies toward externalities can potentially improve the market’s allocation with relevant examples in daily life.

Essays requirements: You are asked to write an essay about The Government action aimed at “external” problems , and to discuss How government policies toward externalities can potentially improve the market’s allocation with relevant examples in daily life. Requirements of essay in ECON 101 Microeconomics: Essays must: Be between 480–520 words (Use Times New Roman 12pt.). Multiple forms of fonts will be subjected to scrutiny. Provide three (3) references with links (excluding the text), which should be placed at the end of the essay.