Assignment:
The course text and lesson for this unit discusses strategies that local governments and cities employ to promote economic development. Prominent strategies include the courting of professional sports franchises and the financing of new sports facilities (stadiums, arenas, etc.). Do you think that building new sports facilities is a good strategy for promoting economic development? Should taxpayers be responsible for paying for the construction costs, for example, tax increases that are earmarked for facility construction? Why, or why not?