ipl-logo

Slingshot: What Is Limiting Economic Growth?

111 Words1 Page

When it comes to the thought-provoking question of what is limiting economic growth around the world there is no definite answer. Dean Kamen is the founder of SlingShot a water purifier Kamen in the documentary not only identified the problem he proposed a simple solution--clean drinking water. Resources contribute to economic growth and water is a resource unfortunately many countries don’t have access to clean drinking water. How can you have economic growth when half of the population is sick and not don’t have the ability to work because of the water contamination? Although, we are currently on macroeconomics this was shown on a micro level with the Flint water crisis.

Show More
Related

  • Economic Growth Dbq

    847 Words  | 4 Pages

    Between 1800 and 1900, the United States experienced great economic growth. Two factors that contributed to this growth were government policies and technological developments. America at the time was experiencing cultural and industrial revolutions at a rate that most other new nations, even today, could ever dream of. Government policies and technological developments had a huge influence on the American economy and shaped its character to an extent that defined for the future magnitude of success that it would see throughout the century. Policies such as the National Road and the tariff tax, and technological developments such as the cotton gin and the production of railroads, all contributed to the economic growth of the United States.

    Read More

  • Hbu Recession Research Paper

    740 Words  | 3 Pages

    The effect of the recession on HBCUs As we know a recession is defined as a temporary decline in income due to reduced trade and production activity. Everything in society is ran by a sort of system. For example, in order for a company to thrive it must have two things, workers and production. If there are not any workers, than there is little to no production unless the company is ran by machines. If there is not any production than the chances of workers being laid off increase based on how many people are needed for certain jobs through out the company.

    Read More

  • Business Cycles Affecting America's Economy

    319 Words  | 2 Pages

    One important aspect that affects the nation's economy is the Aggregate supply and demand business cycles and GDP. The total request is the amount somebody will spend on merchandise and ventures which is aggregate supply. Total supply is how much item is accessible to the business sectors. Business cycles are the cycles of financial development. Gross domestic product is the total national output.

    Read More

  • Gerschenkron Economic Backwardness

    1267 Words  | 6 Pages

    RESPONSE PAPER ON ALEXANDER GERSCHENKRON ECONOMIC BACKWARDNESS IN HISTORICAL PERSPECTIVE Response paper ALEXANDER GERSCHENKRON, ECONOMIC BACKWARDNESS IN HISTORICAL PERSPECTIVE Introduction Gerschenkron in the Economic Backwardness in Historical Perspective which focused on how relatively backward economies lagged the economic basics for industrialization. And set out the " Elements of backwardness" and "The States and The Banks; Social Attitudes, Entrepreneurship, and Economic Development", and summarized in "The Approach to European Industrialization”. Central idea of Gerschenkron The central idea of Gerschenkron is encouraging industrial growth.

    Read More

  • Stagflation Of The 1970s Essay

    984 Words  | 4 Pages

    Inflation has been an ongoing issue in American history. The United States is experiencing inflation today, a prime example of inflation in the United States today are gas prices. Recently there has been a significant increase in gasoline prices, due to high demand and low supply. The inflation in our society occurring today has great similarities compared to the stagflation of the 1970s, because of the oil crisis occurring today and the 1970s. Many of the economic conditions the United States is experiencing today are similar to the ones in the 1970s.

    Read More

  • Stagflation During The 1970s

    212 Words  | 1 Pages

    Stagflation occurred in the United States during the 1970s, and it had a huge impact across the nation. In the 1960s, industrial production declined because of a variety of factors. The main problem was the impact of the Vietnam War on the economy. The economy was experiencing a lack of growth, inflation was rising, and employment continued to decrease.

    Read More

  • Persuasive Water Problems

    364 Words  | 2 Pages

    Many different types of people could possibly object this solution depending on their views. But mainly only farmers would object to these water cuts. Arguments that might say to oppose my stance is that these water cuts would not allow farmers to adequately grow their crops and might even lose money and crops if they cut back on water. Farmers use tons of extra gallons of water on crops than is actually even needed. In California farmers take almost 70% of all water taken from the colorado river which happens to supply fresh water to all the states in the mid west.

    Read More

  • China's Water Crisis Dbq Essay

    576 Words  | 3 Pages

    It is true that there are factors contributing to China’s water scarcity, such as Global warming, Water pollution and Industrialization but if China does not tackle this situation now or it will spell D.A.N.G.E.R.O.U.S. However, the three biggest causes of China’s water-scarcity crisis are Global warming, Water pollution and especially Industrialization. It is up to China's government, economic and political group to fix this problem. Can they do it or can

    Read More

  • Dirty Thirties: Causes Of The Great Depression

    1384 Words  | 6 Pages

    The Great Depression, this period of time was known as “Dirty Thirties”, it was not like the simple economy depression, some examples were banking or financial crisis. This huge financial turmoil which “started in 1929”（Kathy Gill，2016） [ Kathy Gill, “What caused The Great Depression”, ThoughtCo, https://www.thoughtco.com/great-depression-causes-3367841 (accessed in March 28th 2017 )] swept the whole world, led to millions of people unemployed, hungry and homeless. It affected everyone in some way and if people were caught by this storm, then there was basically no way to escape. A lot of people wanted to find the reason why the Great Depression was happened, but the causes of the Great Depression were very complex, and economists have not yet

    Read More

  • The Great Depression: The Effects Of Keynesian Economics

    1478 Words  | 6 Pages

    The Great Depression was during 1929 - 1939 which it was one of the greatest and longest recessions, it is told to start from the stock market crash of 1929. The Great Depression earns the title of being Great because it affected every continents except antarctica, the Great depression caused America unemployment rate to increase to 25 percent, it affect Great Britain which cause them to be in a recession, it also affected Germany and Japan which some says “caused” World War II and how did the Great Depression end, it ended when World War II started. The Great Depression was told to have ended sooner by some economist but one of the leading economist was a man named John Maynard Keynes came up with a theories that said in simple and shorted

    Read More

  • Discuss The Causes Of America's Economic Boom

    191 Words  | 1 Pages

    Subsequent to the First World War, America encountered a great economic boom. In one year, America’s GDP $25 billion, number of passengers on airlines grew, households with a radio increased in millions, etc. Many different factors contributed to result in this economic boom. Many people saw the boom as beneficial, however not everyone was affected positively.

    Read More

  • Informative Speech On Water

    756 Words  | 4 Pages

    B. Robin Mackie, science editor of the British newspaper “The Guardian”, states in his article “Why Fresh Water Shortages Will Cause the Next Global Crisis” : 1. The Brazilian city of Sao Paolo, home to 20 million people and once known as

    Read More

  • Economic Growth: An Analysis Of Monetary Growth

    2033 Words  | 9 Pages

    Before start talking about monetary growth we need to clearly understand how it is happening; what drives money, which money aggregates equipped and how it is structured. First of all, I would like to examine what is the money supply, because on this base is considered every money growth. Money supply (or money stock) - is the total amount or monetary assets available in an economy at a specific time. Another words we can say that it is the sum-total of cash in circulation, bank deposits and balances in the accounts at the disposal of individuals, legal entities and the state.

    Read More

  • Disadvantages Of Economic Growth

    1571 Words  | 7 Pages

    INTRODUCTION Economic growth is defined as the increased capacity of an economy to be able to produce goods and services in comparison from one period of time to another. This is figured by the genuine Gross Domestic Product (GDP) and development, and is measured by utilizing genuine terms such as “Balanced Inflation”. These terms help to remove any distorted views on the perceived outcome of inflation on the cost of merchandises produced. Likewise, Economic growth is related to the high expectations in a person’s standard of living. If the standards are high, it wouldn’t be beneficial for the economy as the working class individuals will face a lot of trouble.

    Read More

  • The Key Causes Of Argentina's Economic Crisis

    1583 Words  | 7 Pages

    The Argentina economy has suffered various economic depressions that have resulted to key social and economic impacts. Amidst the fact that it was one of the world’s richest nations in the early 20th century due to its wheat, beef, and farm production, a lot of contributed to its economic depression. The first major depression that hit the nation occurred in 1930 when its farm’s export for the United States and Europe dried up. This affected the revenue of the nation that created trouble in paying public workers. Poverty has stretched through the suburbs of Buenos Aires, and has resulted to undermined confidence among investors, both local and foreign.

    Read More

More about Slingshot: What Is Limiting Economic Growth?

Open Document