Question

Different policies have important dynamic implications, particularly regarding the incentives for innovation. Which type of governmental approach will foster greater incentives to innovate in a beneficial way from the standpoint of decreased environmental and health risks?

Answer 1

The government should create an app where the ordinary people can use it and wherever they find the garbage they can upload a picture if it on the app and also put the location where they have found this garbage so that the local authorities can take action.

The type of governmental approach will foster greater incentives to innovate in a beneficial way from the standpoint of decreased environmental and health risks are:

1. Mandate the use of bicycles (people can drive cars unless its an emergency)
2. Less use of refrigerators as they emit CFC which is Chloro Floro Carbon which is depleting the Ozone layer and allows the harmful UV rays to enter the earth surface and causes skin cancer.
3. Make sure every family plant a tree.
4. To keep our surroundings neat and clean.
5. Wash hands before consuming something
6. Throw the waste as mentioned on the dustbin. For eg. dry waste on the left side and plastic waste on the right side.

Note: ( I hope it helps and let me know in the comment section if you need more information)