When Walt Disney built Disneyland in Anaheim, California; he failed to realize the impact on the neighboring properties. When Walt Disney World in Orlando, Florida, was conceived, Disney did not want a repeat of Anaheim. Disney secretly began purchasing property in the Orlando area. Disney formed hundreds of fake companies to conduct the land deals so no one would realize who was purchasing the properties. Discuss the positive and negative externalities of the Disney theme parks and the neighboring land holders. From this perspective, what were the mistakes made in Anaheim? Why did Disney secretly purchase the properties in Florida?