Demographic-economic paradox

The idea of selection, insufficiency and opportunity cost is what economics is composed of. If we have to give up one good in order to acquire another, then the good is scarce. However, we can only make choices if they are available to us and the price of any choice is the worth of the most ideal alternative that has to be foregone and in economic terms, it is the opportunity cost. Three examples of opportunity cost. Like everyone else, I continually find myself faced by the need to make…

participation, infrastructure, education, public health, and sound economic management to persons living within designated borders. State capacity in Latin America and the Caribbean region has collectively increased as a result the region overcoming a long history of civil war, corrupt authoritarian rule, and economic stagnation. The region is mostly characterized by developing countries that have benefited from democratization and economic liberalization. However, the region still remains…

wealth that should be going into their pockets. We have nothing to fear in confronting this problem because to quote paul Mason, “ But if we are bold enough to imagine that we can save the planet, we should also imagine saving ourselves from an economic system that does not…

1. Singer’s initial principle is as follows, “if it is in our power to prevent something bad from happening, without thereby sacrificing anything of comparable moral importance, we ought, morally, to do it” (866) According to Singer this is means that it one must prevent something bad or avoid cause any more damage events from happening but are not required to promote something good in return. (866) He goes on to explain that this principle only applies when we do not have to sacrifice anything…

JimBob’s Painting is a one of a kind painting business, with a one of a kind owner. I am Austin JimBob Lewis, and I am the owner of JimBob’s Painting. Even though I am only 19 years old, I have been known all of my life as a hard working individual that gives it his all and that is exactly what I do when I am working for my customers. Being the creator and owner of JimBob’s Painting has allowed me to experience many situations. Those experiences have been varied to say the least, but with the…

become one of the top priorities for countries; “But in recent decades, leaders have come to see the economic clout that trade produces as more than merely a purse for military prowess: they now understand prosperity to be a principal means by which countries measure and exercise power.” (Froman, par.1). This brings in more money and jobs into the economy; “Trade supports higher-paying jobs, spurs economic growth, and enhances the competitiveness of the U.S. economy.” (Froman, par. 3). With…

Why would you like to be the student speaker at this year’s Commencement Ceremony? I would like to be the student commencement speaker at this year’s commencement ceremony because I believe that my class needs to be inspired to live every of their life on purpose! My story is one of triumph against all odds. I believe that by telling my story and showing them that anything is possible they will be inspired to change the world, one small step at a time. By all accounts, I was not supposed to…

positive ways. However, with the development of sophisticated technology, humans have begun to notice economic stagnation and a reduction in the amount of human-required jobs. Despite the positive role technology has had on humanity, it can be argued that the development of…

people and information (Ravelli and Webber 2015. 371). Technological innovations has enabled and promoted worldwide trade, creating more efficient and faster transportation of goods and social and cultural exchange (Ravelli and Webber 2015. 376). Economic factors of globalization such as the expansion of trade and the emergence…

geographic postcolonial theory. The difference between the two camps being, whether the terrorists are fighting to protect their identity groups, or to maintain their homeland. However, there is a third less dominant group that also exists, economic theory. An economic look says that it is living conditions are the most important determining factor and not area or identity. The first argument is that the Irish Troubles were religious in origin. Saying that the origin was religious is not to…