On the other hand, the growth in population compared with national output shows less production per head, and therefore less efficient production. His policies did little for agriculture considering 80% of the population were rural peasants. It is thought he focused too much on heavy industry, neglecting others like light engineering. Finally, Russia became overly dependent on foreign loans (never good if a financial crisis were to occur and foreign loans have to be repaid). Tariffs making goods scarce and heavy taxation meant prices for Russian consumers increased, whilst their wages stayed low.
He talks about how resources are limited and the more people there are in this world, the more the competion there will be. His conclusion is that the United States, by aiding povish countries, are just barely keeping them alive enough to reproduce more that results in more people living a miserable existence. Those who can not provide should not reproduce which will result in the death of the excess people that eventually leads to equilibrium because their will be more to offer. Montgomery also peeks some interest in his morbid, yet sadly logical theory, by bringing to the attention of his readers how it will improve the economy. The over population problem also correlates with unemployment.
The reasons for agrarian discontent in the late 19th century were derived from trusts and monopolies, railroad freight costs for transportation of produce, and the circulation of money. Arguably, some of their complaints were not valid. The agricultural depression at the time in question could not solely be blamed on the government. Come to think about it, it was simple economics that mostly brought the farmers down. They grew too much too fast during a time where it wasn’t as required.
The long-term provision of large quantities of food may force down domestic prices and make matters worse for domestic farmers. It could be considered better for farmers to have a reduction in the subsidies given to farmers in the developed countries. 6. Continued dependency on aid means there is little incentive to be innovative and people develop a welfare mentality. 7.
The goods are overpriced, which forces the two cent earning workers to buy from them or waste precious fuel by driving to town and returns their paycheck to the landowner. Not only are the big landowners just greedy about driving wages down or getting it back, when they have an excess amount of product they burn it. [448] They do not feed the starving, or help the sick, or aid the dying. They are too greedy, the landowners need to keep the circle of wealth around them. With the excess food their workers are not hungry, and will demand higher wages.
For instance, if our famers don’t have subsidized water, assume the same crops amount needs for the people, the famers need to spend more cost to get the products, and the famers need to raise the product price to sell. If the product price raised to a high end point, the people may not eat those crops and other countries crops may get in the local market, and the local famers will lost the customers and those local famers business workers may lost jobs; this circular flow because the mistake from the governments will let a lot of local people lost job, than they don’t spend money because they don’t have income, and it end up to lowers our GDP and bad to our economics if we stop the subsidized water policy. Thus, I give an A of this quote in economics 4. During the drought that plagued California in the late 1980s and early 1990s, farmers in California were able to purchase subsidized water to irrigate their crops, even though many California homeowners had to pay large fines if they watered their lawns. Can you suggest an explanation for this difference in the treatment of two different groups of citizens within the state of
Options, Recommendations, and Major Observations………..………………………4 V. Conclusion…………………………………………………………………………….5 I. Even with the many advances in the world today, there is still suffering from poverty, hunger, oppression, lack of education, and disease. Unequal distribution of wealth allows the rich to get richer while the poor get poorer. However, it is not only people that are suffering, but also the planet and the irreplaceable natural resources that people depend on to survive. Pollutants find their way into our air and water while wildlife species diminish and become extinct.
Saying that, “failure to address these issues not only hurts these workers’ families, it erodes the functioning of America’s communities, its economy and our very notions of what democracy can achieve (Fairness Initiative).” Also, although food stamps are supposed to be there to help working poor families, it still in the end leads to further erode in their economic well-being. So in dealing with all these issues, many working poor families are left stressed. The fact of these families living in poverty is enough, but also the fact that children have to endure these conditions in poverty is unbearable. “. .
A firm’s performance is negatively impacted because it hires fewer employees, which decreases output and profit. Consumers and taxpayers end up paying for such costs through higher prices. The ability of the United States to stay globally competitive is diminished, thus efforts to cut costs push many companies to send jobs abroad. In the long-term, members of a union also become affected due to changes in the market environment—e.g. new entrants, including foreign competition within the domestic boundaries, so they may have to adapt to such changes by accepting lower wage rates.
Desertification is spreading and water supplies are decreasing at an a rate faster than nature can replace it. This begs the question as to why they have not put into place restrictions and plans to save the ever deteriorating environment. In addition to environmental decline the economic well being of the country leaves much to be desired. The World Bank and other such agencies have taken fiscal responsibilities away from the states as well as cutting expenditures on government payrolls, health care, education and other such public services. Unfunding these public services creates and propels the poor situation that these countries are in.