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The role of markets

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Question 5

A regional satellite-based wildfire monitoring and early warning network is considered by economists to be a public good. The £145 million 'Helios-Safe' satellite warning system is one of several emergency-response infrastructure projects completed under the government’s technological resilience programme. This system protects 4,800 properties, 1,500 rural businesses, and vast swathes of national forestry from catastrophic forest fires.

Evaluate the case for government provision of goods and services such as the Helios-Safe wildfire warning network.

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The role of markets Questions

  1. A Level
  2. /Economics
  3. /The role of markets