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Are dams an effective method of stopping flood damage?

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Are dams an effective method of stopping flood damage?

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When a dam is built for flood control and other uses, the floodplain no longer serves the ecological function it once did for the community, and more people move into the most flood–prone lands, believing they will be protected from all floods. The dam reduces the frequency of floods, but does not prevent the biggest, most damaging floods from occurring. The result: more expensive damages from floods than ever before.

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