Social Studies, 16.04.2021 04:20, naynay394

Traditionally, the federal government provides disaster relief funds to flood victims so that they can rebuild their homes after a major flood. However, the government has recently denied requests to rebuild some homes that were situated in flood-prone areas. This action represents an attempt to the moral hazard problem associated with building private homes in risky areas.

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Traditionally, the federal government provides disaster relief funds to flood victims so that they c...