An Estimation of the Total Economic Value of a local park - Essay ExampleTotal Economic Value of Kings Park is $6869.3m. Though the park authority is making much money, but they could make much more if they pay attention in terms of entrance fare, number of guides, transport services for foreign visitors, hospitality and other facilities. Having good and bad sides, Kings Park is one of the mentionable parks for its monuments that they have built for showing respect and honor to some people who have sacrificed their lives in different memorable events.Research means scrutinizing carefully of a certain topic. For this research-based project, we have told to make an estimation of the total economic value of a local public park. That means that kind of park, which is for public entertainment. For an example, the names of National Park, City Park, Mexican Forest Park, Bold Park, Central Park and many other parks of different countries may be mentioned here. As a real park, I have selected Kings Park of Western Australia as my chosen park.

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