The Economy
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The Economy
Barbi Heller
DeVry University
The Economy
The world has been recording an increase in the economy over the years, thereby helping many people to better living conditions. However, in some parts of the world, the standards of living have fallen too. This has been attributed to several developments that governments have been involving in and are conducting, along with many helpful policies. In this regard, the citizens of such countries have appreciated the activities performed by the government. This brings out a question, is the world increasing the economic activities and production? There are many answers that could be given in order to answer this question. First, the living standards of people have been improved in many different parts of the world. Secondly, economic production in the world has rapidly increased due to an increase in the balance of trade (World Bank, 2003). Thirdly, the world has experienced an increase in job opportunities, reflected to an increase in the manufacturing and production industries. (World Bank, 2003)
The living standards of people all over the world have been improving from day to day. This is a development that has been achieved by the overall improvement in the economies in the world. To begin with, people are accessing clean water and food in particular places that have been experiencing drought and food shortage, for instance in many parts of Afghanistan, and many African regions where steps have been taken to improve the overall economic conditions (Narasaiah M.L. 2006). This has been solved by increased food security and availability of water catchment areas in these regions. For instance, there are particular organizations that have been established to take control of this worthy course. The distribution of such basic needs has improved people’s way of life in that they can live happily without hardships. Secondly, there is an improvement in residence. In the recent past, people in many parts of the...
Barbi Heller
DeVry University
The Economy
The world has been recording an increase in the economy over the years, thereby helping many people to better living conditions. However, in some parts of the world, the standards of living have fallen too. This has been attributed to several developments that governments have been involving in and are conducting, along with many helpful policies. In this regard, the citizens of such countries have appreciated the activities performed by the government. This brings out a question, is the world increasing the economic activities and production? There are many answers that could be given in order to answer this question. First, the living standards of people have been improved in many different parts of the world. Secondly, economic production in the world has rapidly increased due to an increase in the balance of trade (World Bank, 2003). Thirdly, the world has experienced an increase in job opportunities, reflected to an increase in the manufacturing and production industries. (World Bank, 2003)
The living standards of people all over the world have been improving from day to day. This is a development that has been achieved by the overall improvement in the economies in the world. To begin with, people are accessing clean water and food in particular places that have been experiencing drought and food shortage, for instance in many parts of Afghanistan, and many African regions where steps have been taken to improve the overall economic conditions (Narasaiah M.L. 2006). This has been solved by increased food security and availability of water catchment areas in these regions. For instance, there are particular organizations that have been established to take control of this worthy course. The distribution of such basic needs has improved people’s way of life in that they can live happily without hardships. Secondly, there is an improvement in residence. In the recent past, people in many parts of the...