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Econ

Published on Nov 22, 2015

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PRESENTATION OUTLINE

WILDLIFE HABITAT INCENTIVE PROGRAM

BY: TYLER RAY, BEN WHITSETT, MAGGIE HAGAN, AND JACOB MAHURIN
Photo by angela7dreams

FUNCTION

  • Why WIP was Created
  • PROFIT MOTIVE.
  • PATRIOTISM

WHO CAN BENEFIT?

  • Participant who benefit:
  • Landlord
  • Tenant
  • Operator
Photo by BGO1

ASSISTANCE

  • Cost-Sharing.
  • Population.
  • Per capita income.

HOW MUCH CAN ONE RECEIVE?

  • 75 percent of the total costof establishing the practice by NRCS.
  • Non- Federal partners provide remaining 25 percent.
Photo by harold.lloyd

QUALIFICATION

  • Selected for funding based on:
  • Wildlife habitat benefits derived.
  • Cost- share agreement.
  • Land unit location.
Photo by joiseyshowaa

5 INTERESTING FACTS!

  • It is a voluntary program.
  • Started in 2002.
  • Agreements over 1.6 mil acres sice 2002.
  • GDP 570% profit since 2002.
  • Has saved many invasive species.
Photo by anieto2k

VOCAB

  • PRIVATE PROPERTY RIGHTS.
  • FREE CONTRACT.
  • INTEREST GROUP.
  • PUBLIC INTEREST.
  • PUBLIC DISCLOSURE LAWS.
Photo by deltaMike

POSITIVE AND NEGATIVE EXTERNALITIES