“Poverty and Pollution” Please respond to the following using the case study on the following pages:
- After reading the case study, predict the effects of pollution permits on poor, less-developed areas like Brazil’s “valley of death.” Assess the effectiveness of incentive programs on manufacturers in less-developed areas. Based on your assessment, provide an argument in support of either pollution permits or incentive programs.
- Determine the costs and benefits associated with the pollution problem in Brazil’s “valley of death” as described in the case study. Suggest the rationale that you believe an analyst might use to determine the value of nonmonetary costs and benefits. Include the way pollution affects the health of local inhabitants and the environment in Brazils valley of death. Challenge or support the continued pollution of this area based on your analysis.