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Essay / Research Paper Abstract
An 11 page paper discussing the difficulty of assessing the effect that business development has on the movement of property taxes in the local area. The issue of weighing the costs of economic development against its benefits would seem to be rather straightforward, but practice and research reveals it is not. The purpose here is to suggest an alternative method. The alternative of choice is cost-benefit analysis. Bibliography lists 11 sources.
11 pages (~225 words per page)
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Unformatted sample text from the term paper:
far too much resemblance to the old chicken-and-the-egg dilemma. The issue of weighing the costs of economic development against its benefits would seem to be rather straightforward, but practice
and research reveals it is not. The purpose here is to suggest an alternative method. The alternative of choice is cost-benefit analysis. Scope of the Problem What Not
to Do Metro Detroit reaches into several neighboring counties, covers more than 1,200 square miles and is populated by more than 5 million
people, most of whom live well outside of Detroit proper. They live on what used to be farmland and wetlands, while inner Detroit goes begging for attention that will
halt its decay. As Detroits government razes abandoned buildings that have decayed beyond feasible repair, the only open spaces that appear to be "safe" are those within the city.
The trend that has led to current conditions is expected to continue for at least another generation. Analysts, developers and government officials
alike blame a lack of comprehensive land use policy for sprawls continued creep across rich lands that could be productive in other ways. The Southeast Michigan Council of Governments
expects that development in Southeastern Michigan will grow by 40 percent over the next 20 years while the population increases by only 15 percent during the same period.
Macomb County is one of the areas already identified to see the most population growth in the next decade (McWhirter and Naylor, 2000). As
could be expected in the Southeastern Michigan county so close to Detroit, there is little farm activity but a great deal of automotive supply business in the county. The