Thursday, May 24, 2007

Unit 2: Government action to increase recycling and reduce market failure

The BBC article and the video clip points the way forward for the government on the issue of rubbish disposal

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a) Why, in economic terms, is rubbish going to landfill a form of market failure?
b) Why don't people recycle more?
c) What does this make recyclable rubbish in terms of market failure?
d) What approach is the government proposing to increase recycling?
e) Evaluate how successful this policy will be

This clip raises some issues from the householders point of view

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Has your view of how successful the new scheme might be now changed?

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