This website uses cookies to ensure you have the best experience. Learn more

Extract F (Lines 4 – 5) Suggests That Public Goods Such As Flood Defences Have To Be Paid For By Somebody. Evaluate The View That The Provision And Maintenance Of Flood Defences Should Be Paid For Solely By The Government

704 words - 3 pages

Government intervention is need when there has been a market failure due to a misallocation of resources. The government intervention is imposed to try and fix the negative externalities produced from the consumption or production of a good or service. In this case the market failure is resulting from the felling of trees for farming and wood purposes. The flood defences are a public good which is a good that is non excludable good and non-rival good.
If the government were to pay to for the provision and maintenance of the flood defences, it would be using money from tax revenue from the population of the whole UK. The problem with this also is that you will get those that do not pay for ...view middle of the document...

As they are building on land that is at ‘risk’ of flooding due to farming and forestry, they will need to be able to make a profit on selling off their housing. This is will difficult if there housing is severely reduced in value due to the risk that are there of flood. Therefore to increase profits and chances of breaking even, they should provide the initial flood defences for the housing. This will increase the saleability of the housing and profitability of the firms. It also provides social benefit for those that are buying the housing. Yet you could say that the cause of the flooding is not directly the housing estates firms fault and should not have to pay for the provision.
In conclusion the negative externality that is created from the forestry and the farming firms should be paid for by them by indirect taxation on the products they are providing. It is similar to pollution permits given to firms by the government that could be blamed for the advancement of global warming. Yet the problem with flooding...

Other Papers Like Extract F (Lines 4 – 5) Suggests That Public Goods Such as Flood Defences Have to Be Paid for by Somebody. Evaluate the View That the Provision and Maintenance of Flood Defences Should Be Paid for Solely by the Government

Should Student Atheltes Be Paid? Essay

854 words - 4 pages liberal with the rule. Education for me is the most important thing that anyone can achieve and carry on with them throughout one’s life. Just to be able to go to college is a blessing in its self. Not everyone gets that opportunity, let alone have their entire education paid for because they are good at a particular sport. Participating in college athletics, being successful in school and having a job to support the extra needs of college such as

Should College Athletes Be Paid Essay

1258 words - 6 pages have a chance to play professionally by getting drafted by a pro team. However, most athletes get scholarships to enter their college of choice. Recently, there have been arguments within college athletes that they should be payed for playing their respective sport. This has been a popular topic among the college ranks whether they should pay these college athletes when they already have a scholarship and get national exposure. Nonetheless

College Athletes Should Be Paid

1764 words - 8 pages . “Time in class can include another 15-25 hours a week absent time for study. Sounds like a full time job, right?” (Jones). Most people would agree, that the time spent in class, preparing, and playing their sport is just like having a full time job and the athlete should be compensated as such. To wrap up, these athletes put a lot of time and effort into their “job” and do not have extra time outside of sports and school work for anything else

Some People Have the View That the Events of Dunkirk in 1940 Deserve to Be Remembered as a Triumph for Britain and Its People. How Far Do These Sources Support or Contradict This Interpretation

1778 words - 8 pages Some people have the view that the events of Dunkirk in 1940 deserve to be remembered as a triumph for Britain and its people. How far do these sources support or contradict this interpretation Dunkirk was an important event during WWll. By 10th May 1940 the German troops had advanced through the parts of France and had advanced the beaches and ports of Dunkirk causing the Allies to retreat and to be trapped. Due to hesitation Hitler did not

Many of the Fears That the Government and Media Have Fed to the Public Are Unfounded

917 words - 4 pages Many of the fears that the government and media have fed to the public are unfounded. After interviewing several of my family and friends about their opinions on the topic of Asylum seekers in Australia, there seemed to be several specific concerns that these people had regarding asylum seekers. When I asked them where they had heard about these potential problems, the two main sources they gave were that they heard it on the news or it was

Discuss The Causes Of The Morpeth Flood Of 2008 And Evaluate The Responses To It (40 Marks)

959 words - 4 pages council for the sixth or seventh time to say the sandbags were far too late’. The issue that there were simply not enough sandbags became clear, and rescue teams were forced to improvise, they weren’t as effective as they could be because of struggles to contain the flood they turned their attention to helping residents evacuate, by the late afternoon, the emergency services were at full stretch and some lives were at risk.

Assess the View That Conscience Should Be Obeyed

1135 words - 5 pages Assess the view that conscience should be obeyed Conscience is an incredibly powerful thing that many people do not understand. It has the ability to shape the way we behave and control how we feel over certain situations which includes feeling guilty. Understanding what conscience is and how it is developed is an important thing as it could shape the way we behave and effectively change how society is. Aquinas linked the conscience to

College Ahletes Should Not Be Paid

1193 words - 5 pages buy food. The reason why athletes don’t have any money, is because between school and sports, they don’t have time for a job. One of the biggest reasons athletes should not be paid is that colleges wouldn’t be able to afford paying them. Almost every year, less than ten percent of colleges and universities are able to make a profit by the end of their sports seasons (Miller). Most universities have multiple sports that they don’t make money on

Should Students Get Paid For Good Grades?

652 words - 3 pages for the money and not for learning. As I stated, their parents always expect getting good grades and studying from them. In conclusion, I believe that students should not get paid for getting good grades. In the process, I believe they are being taught the wrong motive attributes and confuses themselves with the matters and does not matters. Moreover, the policy cannot be sustained due to the lack of funds and studies have also proven that money is a bad motivator. Your expected to receive good grades from your family and mentors.

Should the Death Penalty Be Mandatory for People That Kill Other People

1557 words - 7 pages prevent crimes as it is claimed. I personally do not agree that death penalty can put an end to a crime, nor can it help promote social security; but instead, it is just a form of an inhumane act which is immoral and it promotes violence and risks the innocent lives. Firstly, the proponents for this argument believe that death penalty is morally right and fair because when one life is taken, one life must be paid in return. This is absolutely

Identify and Critically Evaluate Four Variables That Account for the Emergence of International Business

2389 words - 10 pages each other and feed themselves for growing. These variables have not only promoted the globalisation, but also created the international business that we have seen recently. This kind of globalisation of international business has been seen as an expansion of human, economies, cultures connection in the world. The connection cross the boundaries of countries, makes the world to be a great “Global Village”. Reference Ashar, A. (2009, July

Related Essays

Athletes Should Be Paid Essay

1641 words - 7 pages paycheck just like any other job. Student-athletes either don’t have time or are not allowed to have a job and colleges should share the revenue they earn from athletics with the players. I believe that athletes at any college should receive not only scholarships but also 2% of a schools total revenue should be distributed amongst a school’s athletes. College Athletes bring in major amounts of money for the school they play at. Whether it be

Globalization “How Valid Is The View That Globalisation Cannot Be Controlled By National Government?”

1376 words - 6 pages to control the effects of globalization.     This controversy has lead to a debate by three schools of thought. They are the hyperglobalizers, the sceptics and the transformationalist.     Hyperglobalizers such as Kenichi Ohmae (1990-1995) believe that as a result of globalization the world has become borderless; That is, a world where the market forces have taken over national government.  The effect of globalization cannot be

College Athletes Should Be Paid For Their Sport

519 words - 3 pages it istrying to protect the athletes from people who just want to takeadvantage of them and make more money. Many argue that studentathletes should not be paid because they are receiving an educationthrough a scholarship. These people feel that the promise of theireducation being paid for is enough for the college athletes. On theopposite side of the issue, people argue that the college athletegenerates enough income for the universities, and they

Should College Athletes Be Paid? Essay

1096 words - 5 pages ). The major reason that college athletes should not be paid is because it would be too expensive for colleges. Only twenty-three out of two-hundred and twenty eight Division One athletic programs made money in 2012. This would calculate out to if all college athletes were paid that it would zero out of two-hundred and twenty eight Division One athletic programs to make it in the green (Dorfman 5). This comes right back to the point in 2011 only