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<br />MAY 1982 <br /> <br />Externalities include two types of benefits: the first type "stems <br /> <br />from" program implementation and the second type is "induced by" the <br /> <br />program. Benefits that "stem from" implementation arise from increased <br /> <br />production of goods afforded by the improvement program. With this <br /> <br />increased supply of goods, new demands are placed upon local transporting, <br /> <br />processing and marketing industries. Benefits "induced by" implementation <br /> <br />arise from increased expenditures by the local people. These benefits <br /> <br />result from supplying additional materials and services required to make <br /> <br />possible the increased net returns resulting from installation of the <br /> <br />improvements. <br /> <br />Principles and Standards <br /> <br />The Principles and Standards Account Tables illustrating the National <br /> <br />Economic Development, Environmental Quality, Regional Development, and Other <br /> <br />Social Effects fur each alternative plan are shown in the Appendix. <br /> <br />II-lO <br /> <br />r~01836 <br />