Sunday, March 09, 2008

Unit 2: Recycling to overcome market failure in Wales

This clip from the BBC shows 2 ways to recycle household waste

http://news.bbc.co.uk/player/nol/newsid_7280000/newsid_7281600/7281647.stm?bw=bb&mp=rm&news=1&bbcws=1

a) What is the market failure that recycling aims to correct?
b) Why does it appear people don't recycle?
c) What type of action has the government taken to overcome the market failure?
d) Which of the 2 methods is likely to be more successful?

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