Question

(0 or 5) On the issues of environmental regulation, do you consider yourself an economic liberal...

  1. (0 or 5) On the issues of environmental regulation, do you consider yourself an economic liberal (support government involvement in establishing pollution regulations and controls) or an economic conservative (the government should not be involved)? Where would you place yourself on this scale (pick a number from 1 to 11)?

1

2

3

4

5

6

7

8

9

10

11

Extreme liberal

Middle of the road

Extreme Conservative

Homework Answers

Answer #1

Environmental regulation is an issue which cannot be left to the hands of the private market. If everyone is given a free hand, the level of pollution will rise to very high levels. We cannot assume that people will check and control their own behavior.

At the same time, government interference also should not be extremely high, but should be sufficiently strong enough.

Therefore, most people will place themselves in the "middle of the road" category.

On the scale of 0 to 11, a rational person would be around 4.

--

Too much government intervention is not required, but at the same time, too much freedom should also be not given. Proper rules and regulations are required, and at the same time monitoring and enforcement of such laws is essential.

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