Question

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You have been asked to work, as an adviser, on a major infrastructure project. It involves a response to the prospect of coastal flooding. The investment suggested is to build a seawall. Critically assess this suggestion. [We are particularly interested in how your advice would be structured, based on whether the situation we are dealing with (the prospect of coastal flooding) represents a “risky”, “uncertain”, or “fundamentally uncertain” situation.] - Economics

Answer 1

Coastal flooding represents an uncertain situatiom where we dont know when would the flood occur

Floods at the coast occur very often in the areas which are very near to the coast .

There can be many strategies to overcome this problem by preparing for it in advance, mainly during the rainy seasons.

To build a seawall can prevent coastal flooding as it would act as barrier between waves and coastal lands.

It is a structure of concrete , sheet piles build parallel to the shore.

It takes about two to three weeks to build a seawall.

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