Why do you think the private sector failed to meet the needs


Problem

The US government has been actively involved in providing flood insurance to people along rivers and coasts at risk from floods and hurricanes, along with efforts to reduce potential damage and discourage building in the highest risk areas. Why do you think the private sector failed to meet this need? Do you see any drawbacks to government intervention in this area?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why do you think the private sector failed to meet the needs
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