Analyze the Economic Impact In the case of Detroit, analyze the economic impact by looking at several factors: - Job creation: Were the jobs created by the arena mostly part-time or low-wage? Did they benefit the local community? - Local business growth: Did the arena attract new businesses and tourists, or did it displace existing local businesses? - Public costs: Consider the long-term costs to taxpayers for the arena's maintenance and any infrastructure improvements made to support it. Compare these costs to the actual economic benefits received. Opportunity Cost Discuss the opportunity cost of the public funds used for the arena. In Detroit's case, consider what other investments could have been made with the $300 million, such as improving public schools, infrastructure, or healthcare services, and how those investments might have benefited the community economically