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Cost/Benefit Analysis Of Cigarette Smoking

Introduction
The overall economic costs of smoking cigarettes has become somewhat of an epidemic in society for a variety of reasons. It includes numerous private and social costs. The private cost to smokers goes far beyond the price of cigarettes alone. Smokers also pay with their health, life, and finances. Alongside the great cost to smokers, they enjoy benefits to the same degree. The total cost of smoking not only effects smokers, but society as well. The externalities from smoking are both negative and positive. Society bears the burden of the negative externalities, or social costs, both physically and monetarily. The positive externalities, or social benefits, play a significant economic role in society. The tobacco industry generates a great deal of revenue; thus adding to the country's GDP. And due to the heavy taxing, cigarettes and tobacco are a rich source of revenue to the Treasury.
Does the social cost of smoking outweigh the social benefit? Are......


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Approximate Word Count: 2781
Approximate Pages: 12 (250 words per double-spaced page)

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