On the other hand, consumer spending plays a role in the economic growth of a country. The Washington Post states, “Consumer spending makes up about 70 percent of the U.S. economy. And lower-income people have a greater propensity to spend their income than wealthier people do. So, if more and more of the nation 's income is concentrated at the very top, that could depress overall demand and weaken economic growth”. Due to the way wealth is concentrated it also affects the nation’s economy.
DISADVANTAGES Long term financial development puts an awful effect on the inhabitants of any nation. Long term economic developments may be identified with expansion, as inflations may increase. Inflations usually increase the cost of products on sale, and as the costs are higher, it will be an issue to the nationality in question to be able to buy their needs There is a limited amount of time involved in the growth of an economy as it involves an increase in GDP. The hypothesis and practice are both diverse. The hypothesis is the thing that economists are able to figure out for themselves; however, to be able to use the hypothesis in reality is the main task.
One may argue that healthcare is too expensive and that food stamps have been taken away from many people. It is also extremely difficult to get a well-paying job in order to pay for housing, healthcare, and food. The lack of healthcare, food stamps, and well-paying jobs can result in people turning towards crime because of issues such as mental health, physical health, and employment options. One reason that people turn to crime is because of the lack of healthcare. Even when healthcare is available to people, a large portion of them are not able to
This leads into the last main cause of world hunger, which is poverty. Poverty leads to hunger simply because people cannot afford the food. As more money is spent on food, less money is available to spend on health care, savings, and education. Also, farmers in these communities do not have enough money to purchase necessary supplies to farms such as seeds, tools, and farming equipment. The effects of
The lack of financial resources can be a big problem to access to health care. The lack of available finance is a barrier to health care for many Americans but access to health care is reduced most among minority populations. The irregular source of care is another reason why access to health is a disparity. Compared to white individuals ethnic or racial minorities are less likely to be able to visit the same doctor on a regular basis and tend to rely more on clinics and emergency rooms (News Medical Life Sciences). 5.
These are common necessities that people in third world countries aren’t given. It is concerning when people waste food and resources, while in other parts of the world many are struggling to find food and resources in order to survive. People living in poverty can’t afford or can’t obtain nutritious food for themselves or their families. This makes them weaker and more exposed to diseases. Food is the source of all energy.
A low intake of vitamins and minerals causes about 2 billion people all over the world to suffer from micronutrient malnutrition (IFPRI, 2014). Nutritional deficiencies result in impaired physical and mental development of humans, loss of productivity, susceptibility to various diseases among others (Lim et al, 2012). They are caused not only by low quantities of food consumed but also by poor dietary diversity; as dietary diversity is a good indicator of broader nutritional status. More diverse diets are associated with lower rates of nutritional problems in many parts of the world (Popkin and Slining, 2013). As a result, to improve nutrition and health, it is important to increase dietary diversity.
Increasing population around the world form a major crisis due to lack of availability of food to provide the need of food for increasing number of people especially in poor communities, so the food is provided by genetic engineering ,the problem has fixed by providing the needs of food in poor countries in terms of increased in the production in the developed countries so the extent of their production are giving to the poor countries and this large production of crops because of the availability of new technologies Special to increase production and improve the quality and nutritional value, and disease and pest control and improved genetic traits for crop varieties. According to Parrlberg.R(2001) there are many advantages of modified crops ,such as increasing the nutritional value of the food by adding some vitamins such as adding vitamin A to the gold rice .Another example of genetically modified crops is Corn which is genetically modified to resist various herbicides and to express a protein from bacillus that kills certain insects. Another advantages is that it increase the shelf life for the crops for example tomatoes and apple crops .one of the most important advantage modified crops is that plant can beer
Many assume that the receivers are unemployed, trying to take advantage of the government, and are lazy. The truth is that food insecurity leads to high levels of stress and reduced well-being due to the lack of nutritional intake. In 2013 researchers concluded that SNAP participants are between 14.9 and 36.6 percentage points less likely to be food insecure than nonparticipants (Gunderson 97). Given SNAP’s pronounced effect on reducing food insecurity, it’s likely that, without the increase in SNAP participation, food insecurity rates would have risen even more during and after the Great Recession. The majority of people using food assistance programs are in desperate need for nutrients and are trying their best to provide for their