Economics
Economics and Scarcity Problems
In most countries the birth rate has fallen as incomes and the economic opportunities for women have increased. The expansion of women’s income has discouraged fertility. Women have found it more expensive to have kids because of time and limited resources. First being a full time Mother can conflict with the amount of time away from the house. It cost money to have someone watch kids during the day. Women rather only have one or two children because excessiveness is expensive on both incomes. Second, large family use to be necessary in the days of high infant mortality rates and additional children were needed to ensure that a reasonable number would survive. But with today’s technology that is not likely an issue with families. Last we have more birth control options then before and it’s also affordable in lower income families in some countries.
In the debate about clean air standards we have often heard the statement, “A nation as rich as the United States should have no pollution.” This is a normative statement because it involves judgment about what should be or what ought to happen. It says we should have no pollution because the nation is rich gives it no room for testing or validating. So this in no way can help me make a decision on national air quality standards. A positive statement that might be useful in determining the air quality standards would be: If cars reduce less toxicant in the air it can reduce the amount of pollution in our ecosystem. Government laws and regulations to reduce waste or polluting help increase companies responsiveness to the environment.
Rational decision making can make a person better off because they can think of the outcome before they do something. Think of it as a game of chest you need to plan your next move carefully because it will affect the next move you make after that. Always think about you next move because it will prepare you for life predicaments. For example I can study
In most countries the birth rate has fallen as incomes and the economic opportunities for women have increased. The expansion of women’s income has discouraged fertility. Women have found it more expensive to have kids because of time and limited resources. First being a full time Mother can conflict with the amount of time away from the house. It cost money to have someone watch kids during the day. Women rather only have one or two children because excessiveness is expensive on both incomes. Second, large family use to be necessary in the days of high infant mortality rates and additional children were needed to ensure that a reasonable number would survive. But with today’s technology that is not likely an issue with families. Last we have more birth control options then before and it’s also affordable in lower income families in some countries.
In the debate about clean air standards we have often heard the statement, “A nation as rich as the United States should have no pollution.” This is a normative statement because it involves judgment about what should be or what ought to happen. It says we should have no pollution because the nation is rich gives it no room for testing or validating. So this in no way can help me make a decision on national air quality standards. A positive statement that might be useful in determining the air quality standards would be: If cars reduce less toxicant in the air it can reduce the amount of pollution in our ecosystem. Government laws and regulations to reduce waste or polluting help increase companies responsiveness to the environment.
Rational decision making can make a person better off because they can think of the outcome before they do something. Think of it as a game of chest you need to plan your next move carefully because it will affect the next move you make after that. Always think about you next move because it will prepare you for life predicaments. For example I can study