Economics Essay Outline
Introduction: The world’s economy is heavily affected by the price of oil. Economic growth, especially in developing countries, is dependent on oil, the demand from those nations is gradually increasing and for developed countries such as Canada to maintain their economic growth switching to electric cars is imperative. Ending Canada’s economic dependence on oil is undoubtedly going to benefit the economy.
Thesis: Switching to electric cars will provide new jobs, more revenue, and advance technology which will directly improve the Canadian economy.
Point #1: Switching to electric cars will create new jobs and provide more jobs for the Canadian economy.
Example #1: Alton Larry explains in his article “How electric …show more content…
Point #2: Shifting to electric cars will also cause for more demand jobs to sell the electric cars.
Example: According to the “Global EV Outlook 2016” in 2015 over 550000 hybrid and electric cars were sold worldwide. (International Energy Agency, 2016)
Explanation: In order to efficiently market and sell the new brands and types of these new vehicles, car companies such as Tesla must hire more people.
Point #3: Furthermore, by ending our economic dependence on oil through shifting to electric cars it will create improved jobs.
Example: In MIT’s Technology Review it highlights how electric cars have not become prevalent and dominant because their price is not competitive enough due to the high cost of batteries and how it is difficult to significantly lower the price while ensuring rider safety. (Bullis, 2012)
Explanation: There will be improved jobs because the electric car market is going to be sustainable which allows for jobs to be more stable. By having more stable job positions and job security people will be able to work with more …show more content…
Point: Electric cars cause the need for new technology because ideal efficiency charging stations and material production factories have not been established.
Example: In the article “Could we be on the cusp of an electric vehicle revolution” by The Telegraph it mentions how Elon Musk’s Tesla motor is the leading brand of electric cars. With all these new competitors appearing Tesla will improve their costs to maintain market control of the electric cars (Church, 2016)
Explanation: With all this new funding in electric cars costs will inevitably drop which will benefit the economy because companies will be more willing to make more product which will create more revenue.
Point: There are many environmental incentives being created due to the major concern over the world’s environment. By having so many price deductions individuals and families will feel more obligated to purchase these new cars while these subsidies are still
Introduction: The world’s economy is heavily affected by the price of oil. Economic growth, especially in developing countries, is dependent on oil, the demand from those nations is gradually increasing and for developed countries such as Canada to maintain their economic growth switching to electric cars is imperative. Ending Canada’s economic dependence on oil is undoubtedly going to benefit the economy.
Thesis: Switching to electric cars will provide new jobs, more revenue, and advance technology which will directly improve the Canadian economy.
Point #1: Switching to electric cars will create new jobs and provide more jobs for the Canadian economy.
Example #1: Alton Larry explains in his article “How electric …show more content…
Point #2: Shifting to electric cars will also cause for more demand jobs to sell the electric cars.
Example: According to the “Global EV Outlook 2016” in 2015 over 550000 hybrid and electric cars were sold worldwide. (International Energy Agency, 2016)
Explanation: In order to efficiently market and sell the new brands and types of these new vehicles, car companies such as Tesla must hire more people.
Point #3: Furthermore, by ending our economic dependence on oil through shifting to electric cars it will create improved jobs.
Example: In MIT’s Technology Review it highlights how electric cars have not become prevalent and dominant because their price is not competitive enough due to the high cost of batteries and how it is difficult to significantly lower the price while ensuring rider safety. (Bullis, 2012)
Explanation: There will be improved jobs because the electric car market is going to be sustainable which allows for jobs to be more stable. By having more stable job positions and job security people will be able to work with more …show more content…
Point: Electric cars cause the need for new technology because ideal efficiency charging stations and material production factories have not been established.
Example: In the article “Could we be on the cusp of an electric vehicle revolution” by The Telegraph it mentions how Elon Musk’s Tesla motor is the leading brand of electric cars. With all these new competitors appearing Tesla will improve their costs to maintain market control of the electric cars (Church, 2016)
Explanation: With all this new funding in electric cars costs will inevitably drop which will benefit the economy because companies will be more willing to make more product which will create more revenue.
Point: There are many environmental incentives being created due to the major concern over the world’s environment. By having so many price deductions individuals and families will feel more obligated to purchase these new cars while these subsidies are still