Reference no: EM132198871
Question: Government Intervention Discussion Board
Using a minimum of 3 approved sources (articles from major news outlets, academic journal articles, NOT Wikipedia nor similar websites), post an original 4-5 well-developed paragraph response to the questions below by Oct 5th at 11:00pm and respond to at least two classmates' responses by Oct 11th at 11:00pm. Source documentation should be parenthetical (e.g. Smith 2010) and a list of sources must be included at the end of the initial post.
Research a good or service that creates a positive or negative externality.
- Explain the good or service and the corresponding externality that it creates.
- Propose a form of command and control intervention to correct this externalityor explain one that already exists.
- If there is existing command and control intervention, does it correct theexternality problem? How well?
- Propose a market-based solution that would fix for the problem rather than command and control intervention. Evaluate the expected effectiveness of your market-based solution compared to government intervention.
- Based on your analysis, do you think it is appropriate for the government to make decisions on our behalf and reflect those decisions in their policies? In formulating your answer, consider the circumstances under which such intervention may or may not be appropriate.