China’s One-Child policy can be understood as an attempt to reduce external costs associated with higher population
Explain how China’s One-Child policy can be understood as an attempt to reduce external costs associated with higher population.
Explain how investment in sports facilities and activities (e.g. team sports in school or within the community) lead to various types of external benefits.
Explain how investment in education can lead to various types of external benefits.
Explain how nuclear power can lead to external costs. You can choose the Fukushima Daiichi or the Chernobyl incident in your explanation.
Your explanation must be at least two pages, typed, double-spaced (12-pt. font).
You must use and cite at least two sources. These should be credible courses. Do not cite Wikipedia. You may use magazine articles and newspaper articles as long as they are respectable publications. If you have a question about a source, email me.
It is due November 19th (Thursday) in class.
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Explain how investment in education can lead to various types of external benefits.
Investment in education has for long been considered an important source of economic growth. According to statistics, “Over the last 40 years, output has risen about 3.5 percent a year, thanks to an educated community.” This coupled with the fact that “Growth in the productivity of labor, the major driver of increases in wages and standards of living, has measured about 2.4 percent per year,” (Hutchinson, 2015) makes education an…
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