Economic Problem That a Sole Survivor of a Nuclear War Faces
- Submitted by: mafelo
- Views: 766
- Category: Politics: Economics
- Date Submitted: 06/29/2011 11:59 PM
- Pages: 16
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Life of the sole survivor would be severely disrupted. The medical care system would be overburdened providing intensive treatment to fallout victims, resulting in degraded regular, acute, chronic or preventive care. Support systems such as insurance and medical records would likely be in chaos, or at best in serious disarray, with some drugs in short supply. Food production and distribution systems, as well as the banking system, would be severely disrupted.
The survivor is likely to feel threatened and disoriented. Massive urban evacuation and prolonged relocation could provoke social tension, severely taxing limited social services. Choices to be made regarding evacuation and future aid to rebuild the post-attack economy could become politically explosive.
Effects would extend beyond the industrial and food exports would decrease, or cease, tilting the balance of payments, destabilizing the dollar, and ultimately affecting other currencies.
Economic system
An economic system is the structure of production, allocation of economic inputs, distribution of economic outputs, and consumption of goods and services in an economy. It is a set of institutions and their social relations. Alternatively, it is the set of principles by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. An economic system is composed of people and institutions, including their relationships to productive resources, such as through the convention of property. Examples of contemporary economic systems include capitalist systems, socialist systems, and mixed economies. An economic system Alternatively, 'economic' refers to the organizational arrangements and process through which a society makes its production and consumption decisions. In creating and modifying its economic system, each society chooses among alternative objectives and alternative decision modes. Many objectives may be seen as desirable,...
The survivor is likely to feel threatened and disoriented. Massive urban evacuation and prolonged relocation could provoke social tension, severely taxing limited social services. Choices to be made regarding evacuation and future aid to rebuild the post-attack economy could become politically explosive.
Effects would extend beyond the industrial and food exports would decrease, or cease, tilting the balance of payments, destabilizing the dollar, and ultimately affecting other currencies.
Economic system
An economic system is the structure of production, allocation of economic inputs, distribution of economic outputs, and consumption of goods and services in an economy. It is a set of institutions and their social relations. Alternatively, it is the set of principles by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. An economic system is composed of people and institutions, including their relationships to productive resources, such as through the convention of property. Examples of contemporary economic systems include capitalist systems, socialist systems, and mixed economies. An economic system Alternatively, 'economic' refers to the organizational arrangements and process through which a society makes its production and consumption decisions. In creating and modifying its economic system, each society chooses among alternative objectives and alternative decision modes. Many objectives may be seen as desirable,...