International Trade ECO 372 University of Phoenix There are many contributing factors to the stabilization and prosperity of our global market. We, the United States, are living in a time of severe trade deficit, meaning that we are importing many more goods than we are exporting. While it is nice to be able to buy foreign products at a lower price, there is risk in doing so. When we purchase foreign goods over domestic at lower prices it forces our domestic companies to sell their goods at lower prices to remain competitive. These lower prices may lend to making enough profit to sustain the current workforce.
The industrial revolution has helped the nation and economy grown so much over the time but we know, nothing is perfect. With large factories come environmental hazards and with large buildings come migration issues for all animals. Over the years, we have learned that maybe we took too much too fast. The importance of the industrial revolution is endless. But looking back on it today, the world seems to be at a much quicker less wasteful speed.
TMA 01, QUESTION1. Some of the most serious environmental issues today are climate change, air issue, waste and land pollution, over population and water issue. 1. Climate Change, is undeniable a global environmental concern that is triggering a rise in the amount of major natural disasters like floods and hurricanes; which causes destruction in societies and the regions which they effect. Global warming will only cause an increase in these issues along with additional problems that could eventually end this civilization, if we don’t work hard on improving our efforts on managing all the different types of pollution and waste that contributes to this major concern.
Recession- The recession is an opposite of boom stage. The unemployment increase, most of firms are losing confidence and stops invest or expand. They may change their planning and started to survive. The customers are likely to save money then spend and the percentages of loans are high and may increase. Individuals are losing jobs and the government have to spend more money of benefits.
They would work hard to succeed because they had less than the American citizens. They worked fast and efficient creating a large add to surplus, they create a demand for outside supplies, which is felt in every department of business. There is more supply and demand, which increases the consumption of coal, and helps expand the railroads. (Doc 3) Immigrants would also act as strikebreakers. This would help benefit businesses because if workers were to go on strike, they wouldn’t have to stop or slow down production.
Common sense says you shouldn’t discover where the edge is by passing over it, but that’s what we’re doing with deforestation and climate change” (553). Desert is considered hot, and now it’s hotter; it also affects the quality of agricultural land. Nature will be destroyed, and the world economy will be going down. Global warming is one of the most challenging environmental problems in existence today. Our life, animals’ life, and plants’ life are becoming worse because we are destroying the environment.
A major effect of the industrialization was the rates of unemployment. These rate dropped significantly due to the high productivity and prosperity of big businesses. Since the businesses were doing so well and were producing many goods, they did not need a lot of workers to do the jobs which the machines were doing. A lot of people were very upset about this because they were losing their jobs and were no longer able to support themselves. These people were also angry at the working conditions and danger in the labor forces.
Large amounts of methane and other poisonous gases released into the air from the gas wells contribute to heavy air pollution and global warming. Fracking has been linked to movement of radioactive materials and heavy metals from the underground layers of the earth to the surface through flow-back
Many worry about the negative consequences Global Warming may have on our Earth. It is believed that there will be detremental effects from sea to land. A rise in water levels causing the icecaps to melt. Melting icecaps would then release methane another greenhouse gas. The oceans salt water would mix with freshwater and CO2 would get absorbed into the oceans causing disabling effects on our waters food chain.
I feel the movement is effective because more and more people are joining the movement which will make them one big strong unit which will make some awareness out to the world. I do so sympathize with the Occupy Wall Street movement because it is not just a few people suffering because of the crisis but more like 99 percent of us are. I think It plays a crucial roles in many people’s life because as we are facing, the economy is in a bad state where a lot of us are losing our jobs and cause of that a lot of us are not being able to pay up our daily expenses. Not just unemployment but also the housing crisis were a lot of people are not being able to pay the rent or mortgage. It is sad how the poor are getting poor and the middle class are barely holding on to their class and how the rich keep getting richer.