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6.05 Module 6 Project

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Ruta Malsky

on 16 April 2014

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Transcript of 6.05 Module 6 Project

The End
6.01 _ Research
Water Scarcity
Water scarcity affects the community because it limits the amount of water people can use.
It affects households and local residents because it limits the amount of water that can be used on certain things.
If businesses depend on water for certain services such as crops or even a shampoo at a hair salon, they might not get as much business because they need to cut back and eventually go out of business.
It affects us at a local state because as said before you will personally have to cut back on your water usage. It will affect us at a state level because new laws might be passed about water usage to prevent too much water from going to waste and it will affect us at a national level because the government will try to regulate usage of water.
There are many countries who are poor and depend on water for their income such as crops or fishing. Also, many countries who don't get a lot of water in the first place might not be able to make it by with less water than they're already getting.
Water is a part of many daily goods and services such as lawn care and hair salons. If the price of water goes up, people will be paying even more and struggling more with their money.

Circular Flow Diagram
6.02_Research Chart
What are the necessary conditions for any possible solution to work?
People need to be aware of how much water they are using. They need to water their lawns less or take quicker showers.
Are there budget or labor concerns?
Yes. If they want to preserve water they might need to implement new programs or pay for other outside resources to help save water in the community.
Does the public need to be aware of and support the solution?
Yes. It will be a lot easier to successfully save water if the community is understanding of the issue and able to cooperate and support the decisions the community makes.
What challenges are there to implementing each solution?
Money might be a problem. They may have to figure out new ways to raise money for their solutions.

6.02_Research Chart Cont.
How else might you judge possible solutions against each other?
If others object to a water limit for example because they believe they need more water than the other.
What do your parents say about the issue?
My parents think water scarcity really needs to be addressed and always thought of because even if it is not a problem now or doesn't seem like the big issue, you never know when it will come around and you always need to be prepared.
Should possible externalities factor into the chosen solution?
Yes. You always need to think of the possible outcomes of any solution so you can have a back up plan and be prepared.
6.03_ Solutions
Give three possible solutions to the environmental issue you are investigating.
Possible solutions are a water agreement with other places, water heaters, or water limits.
Why would some people oppose the solutions you have chosen?
People may oppose a water agreement because they don't like the idea of having to share water and if both places run out then we have no water. They may oppose water heaters because it will cost them more money, and they may oppose a water limit because they will need to prioritize what they can use their water on.
What positive or negative externalities does this issue present at each sector of the economy? Refer to your circular-flow diagram.
Government: Will be spending more money. Households: Also cost more. Business: Getting more business. Rest of World: They will get more water from sharing. Product Market: Paid more money. Factor Market: Won't get as much money if there isn't enough water. Financial: Government will pay them for services.
What incentives do individuals, businesses, and government have to act on each possible solution?
They have to think about pricing.
What are the externalities, both positive and negative that could result from each possible solution?
Water agreement: We get their water if we need it, but they can also take ours.
Water heater: Get hot water faster but will have to pay for it.
Water limit: Will save water and everyone gets the same but you may not get to use water for certain things.

Examine the possible solutions against your criteria. Make a statement about how each possible solution either meets or does not meet each of your criteria.
First, water agreements. A water agreement would be good because it does give us a back up plan. In a case where we don't have any water we could always use whoever we are in an agreement with, but it would not be the best option because if they are in that situation and so are we then we will both be out of luck with no water. Next, water heaters. They meet the criteria because we will be using less water. By having the heaters the water will already be heated up or get heated up faster and we won't be wasting water. The downfall is that we will be paying even more money to get these heaters and keep them running. Lastly, is the water limit. I think this meets the criteria fully because even though some residents make find it unfair, the water will be evenly distributed among them and ti will also help save water.

Choose the best option and explain reasons for choice. Select your best solution to turn into action. Explain why you make this choice over the other possible solutions. Refer back to the criteria and externalities.
I think the overall best option would be setting a water limit. Setting a water limit will decrease how much water is wasted and will teach people how to recycle water and be more aware of their decisions making with their water. Everyone can help save water by doing simple tasks such as shorter showers, turning water off when brushing teeth, and others.

6.05 Module 6 Project
By: Ruta Malsky
Full transcript