1. Would you consider spending to make a school or an office building earthquake-proof a good investment? Why?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Activity 1
Answer the following:
1. Would you consider spending to make a school or an office building earthquake-proof a
good investment? Why?
2. Assuming that the country like the Philippines can afford it, what proportion of its
annual budget should it allocate for disaster-related programs?
3. What would you consider a better policy, focusing on preparedness and other pre-
disaster programs or on post-disaster-related concerns (relief, rescue, and
rehabilitation)? Explain your answer.
Transcribed Image Text:Activity 1 Answer the following: 1. Would you consider spending to make a school or an office building earthquake-proof a good investment? Why? 2. Assuming that the country like the Philippines can afford it, what proportion of its annual budget should it allocate for disaster-related programs? 3. What would you consider a better policy, focusing on preparedness and other pre- disaster programs or on post-disaster-related concerns (relief, rescue, and rehabilitation)? Explain your answer.
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