Question

In: Economics

Individually identify an ethical issue/dilemma of Disneyworld reopening in Florida despite the corona virus.

Individually identify an ethical issue/dilemma of Disneyworld reopening in Florida despite the corona virus.

Solutions

Expert Solution

corona virus has affected almost each and everyone's life directly and indirectly.the reopening of disneyworld can't be justified in social term but we can't be bias with only this perspective.we have to analyze the economic prospective concerned with this concept.

we can classify the perspective of disneyworld concerned with the reopening of its activities in economic terms as follows-

  • there is a huge level of investment in the establishment in the Disneyworld which would be getting wasted otherwise.
  • there is various kind of fixed costs which can't be eliminated by suspending its activities.
  • disneyworld provide employment to a large scale of people and it won't be able to pay the salaries to its employees and the burden over the society and government would increase concerned with the unemployment.
  • there's a loss of taxation revenue by the government which is paid by the disneyworld.

in nutshell disneyworld can operate by undertaking proper safety measures and arrangements, limited number of visitors and by maintaining social distance.


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