The 5 P’s of Policy Design

Based on your understanding of the “5 Ps” of policy design, write a short paragraph for each making sure to include the definition of each (prescriptive regulations, payments, penalties, property rights, and persuasion). Conclude your submission with a paragraph of whether or not they have been beneficial to the United States and how. Each different paragraph must be numbered. Therefore, there should be six (6) numbered paragraphs.
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List all references/sources where information was obtained, even if it is not a requirement in APA. This is to ensure that the submission is not an opinion piece. Thus, if you consult your textbook, it needs to be included as a reference. If you interview someone, they need to be listed along with their professional affiliation. Your submission should be between 1-2 pages.

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