Sunday, March 29, 2015
Chapter 9
Question 6. Page 200-201 really caught my eye. It talked a lot of about why our economy switches from being healthy to unhealthy. The concept of GDP has been a struggle for many people in our enviornment. We as a community are trying to balance producing goods becuase if we don't people lose jobs and the economy plummets. This results in a negative GDP, but finding a line between producing and consuming goods will benefit everyone around us. Everyone will have jobs and trillions will be made as well as consumed. The Up's and Down's are mainly caused by the recession wars. The coffee industry took a big hit in 2007 and many people were out of jobs the bean price dropped and so did the sponsors. If we can find a balance between production and consumption our world will create an enviornment that won't cause people to lose jobs.
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