For example, at one point in history, there was need of cash incomes so that fertilizers and seeds could be payed for. This led to women having to work as agricultural laborers so families were able to reach their income goal. (doc 7). However, the increase of incomes also resulted in people having more money to spend. People were able to buy nicer houses (doc 6) and a have a higher demand for consumer goods and better educational opportunities.
All of those aspects had some sort of impact on farmers of the late 1800’s. Since the evaluations is of the effectiveness of how garland depicts the impact economics had on farmers, these certain aspects would need to be present. If they are present then it would mean that is was an effective portrayal. Hamlin Garland effectively portrays the impact economics had on farmers, both emotionally and physically, in the short stories “Up the Coolly,” and “Under the Lion’s Paw” that depicted low income, high mortgages, and unfair trade; he does this in order to create propaganda for his populist party beliefs, which wanted to improve the lifestyles of agrarian
The Han expanded agriculture, achieving success by utilizing irrigation and water conservation technologies. They increased the speed in which lands could be ploughed and seeded, using cattle and inventing farm tools. Industries expanded and production improved by the use of looms in weaving and iron-smelting (China Western Han Dynasty: Emperors, Politics, Economy, Culture). In order to help the poor, which ultimately helped the government, they lowered the taxes that had been forced on the peasants by the previous Qin Empire, imposing larger taxes on the merchant. Land was taken away from the elite and the peasants were able to use that land to plant more crops (Han Dynasty
Income inequality acts as a means to “wake people up” and make clear to them their need for higher education and more hard work to obtain more money, and thus, more success. As income inequality increased in China and America, there arose a correlation to the increase among men and women of all races and ethnic backgrounds. Despite the fact that income inequality could cause people to make poor decisions and make them insecure in society, income inequality improves the economic systems in America and other parts of the world by serving as a motivation for people to achieve much greater things in the desires of changing their station in life for a happier
Wang Lung takes both O-lan and the earth for granted at various times within the novel. Having both O-lan and the earth in his life working and providing for the family leads to acquiring more money. The earth bears the crops that O-lan helps tend to and harvest, so they can be sold in the markets for money. With this money, Lung can buy more land for more crops and grow his wealth. When Wang Lung’s wealth reaches a point where there is enough money to spend on luxury items, his greed takes over.
A third solution is teaching people how to grow food in their specific environment. If hungry people could just grow their food it would be much easier. Here are some pros to this solution, It would reduce the amount of hunger in this world, it would teach other people how to care for themselves, and it would provide jobs for people who can teach others. Sadly, there are also some cons to this solution. A few of them are that farming takes up land, flying people to other parts of the world to teach them is expensive, we would have to install irrigation systems, and people may fight over farmland.
If a community were to implement the locavore movement, it would better the economy and enhance the nutrition and health. Bringing the locavore movement into a community can bring along with it a better economic situation. Instead of going to the nearest Walmart where your “money leaves the community at every transaction”, spending your money at local farmers markets will allow for the profits to be kept inside the of the community (Source A). Allowing more profits to be flooded into a community will benefit small farms, creating more local jobs which will enable the economy to grow and prosper. According to the
This means more profit for businesses because the rise on food and oil means more money in their wallet but less money in consumers’ wallets, “Similarly, when homeowners benefit from inflation because the price of their homes rises, while renters suffer because they are paying higher rent” (ch.8 p. 15). Hence government should step in to intervene in businesses, but it is a completely different story if we are running out of food and oil rather than just raising the price because they want to. When businesses are filling up their account with more money, but leaving their consumers with less money in their wallet there is a problem and it will hurt the supply and demand law. That being the case, government should be given the authority to regulate markets only to an extent to make sure the inflation level stays at a reasonable
People would have a higher work morale because they would be able to make a lot more money than before so they would be more happy to work longer hours. A pro of raising minimum wage could be that their would be reduced government welfare spending meaning more money for important things like our army. We would be able to build more schools and get everyone an education with all the extra money. With reduced government spending we would be able to put more money into food stamps so that less rich people would be able to supply more food to the house.Government welfare supplies things such as medicaid meaning
One of the impacts of this growing population is an increase in land usage for settlement purposes. This means farmers will have to feed more people with less land. Economic development will also help increase the demand for food products. The biggest challenge facing farmers is to double their production with limited resources. Economic sustainability is an important aspect of sustainable agriculture.