Flood Risk Management in a Coastal Community
Your community is a small coastal town that frequently experiences flooding during heavy storms. Homes and businesses are often damaged, and lives are sometimes put at risk. The local government is considering various strategies to manage the flood risk.
1. Risk Reduction: Propose two structural and two non-structural measures that the local government could implement to reduce the risk of flooding in your community.
2. Risk Transfer: Imagine you are a homeowner in this community. Would you consider purchasing flood insurance? Explain your reasoning based on the concept of risk transfer.
3. Risk Acceptance: The local government may not have the resources to completely eliminate the flood risk. Explain a scenario where risk acceptance might be a reasonable strategy for your community.