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06.03 Module Six Project—Research Chart

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Zoe Bortz

on 16 September 2014

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Transcript of 06.03 Module Six Project—Research Chart

1. Give three possible solutions to the economic issue you are investigating.

1. Have animals be sprayed and neutered
2. Have people adopt more animals, instead of breeding them yourself or buying them
3. Educate others about the problems of animal overpopulation
2. Why would some people oppose the solutions you have chosen?

Some people may oppose the solutions I have chosen to fix animal overpopulation because they require a lot of work and they are costly.
1. What positive or negative externalities does this issue present at each sector of the economy? Refer to your circular-flow diagram.

Some positive externalities include that individuals and businesses will not have such a mess on their property from animals eating their plants and going to the bathroom everywhere. Some negative externalities include that there might be less funding somewhere else in the government because animal shelters would need the money and the rest of the world might still have an animal overpopulation problem since they might not be able to afford the solutions.
2. What incentives do individuals, businesses, and government have to act on each possible solution?
Incentives individuals, businesses, and the government would have to act upon include having to get money and funding to help animals get neutered and sprayed and for animals to find homes, whether it be in a animal shelter or an actual home. Individuals would have to start adopting animals, and educating others about the problems that come because of animal overpopulation so that hopefully, more people will care and help.
06.03 Module Six Project— Animal Overpopulation

3. What are the externalities, both positive, and negative, that could result from each possible solution?

1. Have animals be sprayed and neutered
Positive: Less animals would be reproducing
Negative: Costly

2. Have people adopt more animals
Positive: More animals would have homes and not be in animal shelters where they risk being put down
Negative: People would not be able to breed animals

3. Educate others about the problems of animal overpopulation
Positive: People will begin to realize the problems of animal overpopulation and may help with the solutions
Negative: People may not listen or care and think animal overpopulation is the least of anyone's problems
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