Page 4 - Econ project
P. 4

-  There is scarcity of the resource available of the Hong Kong
                       government especially under a budget deficit in 2021.































                   -  The problem of “what to produce” is not being solved
                       effectively in terms of urgency and efficiency.

                   -  There are better alternatives uses of the money: giving

                       assistance to the medical service or spending on the vaccine
                       under the coronavirus, which have higher urgency.



                   IS IT EFFECTIVE?


                   ➢ There is still a serious problem of excess supply.

                   SUPPLY

                   -  There are 24 country parks and 22 special area.

                   -  They cover a total area of 443 square kilometers.

                   DEMAND

                   -  Only 12 million visitors in 2020

                   -  Relatively low












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