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Home/ Andy's PJE 2013-15 SL Economics class/ Contents contributed and discussions participated by Jonah B

Contents contributed and discussions participated by Jonah B

Jonah B

Obama Budget Would Expand Low-Income Tax Break - 2 views

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    The following article talks about Obama's Budget for the US this year. It proposes low-income tax breaks, to further decrease the income inequality in the US and give more benefits to the low income earners in the US.
Jonah B

Many in China Can Now Have a Second Child, but Say No - 2 views

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    The following article talks about how China has loosened its one baby policy, in order to face the growing problem of a rapidly aging population and slowing economic growth. However many young couples are not taking advantage of this new policy due to the rapidly rising costs of living in China.
Jonah B

Venezuela: More Protests and Deaths - 0 views

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    The following article talks about the riots that have been occurring in Venezuela throughout the past few months. It discusses how protesters are angry at the government for rising unemployment and the scarcity of basic items and other commodities. It talks about how already 25 people have died during the riots, according to the government.
Jonah B

Obama Budget Would Expand Low-Income Tax Break - 2 views

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    The following article talks about how Obama is trying to help the poor of the United States by "expanding low income tax breaks" and offering them other benefits as well. This would hopefully not only benefit the poor, but also increase AD in the economy as now more people have more money to spend.
Jonah B

Indonesia Reports Slowest Growth in 4 Years - 0 views

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    Indonesia's economy is reporting the slowest growth rate in 4 years. While in the previous years the GDP increased by over 6 % this year the economy only grew by 5.78 percent. Apparently are declines in the import of raw materials and machinery, and the Indonesian central bank raised its benchmark 5 times to account for their current deficit of 10 billion.
Jonah B

Obama Speaks of Better Days for Economy, With Asterisk - 0 views

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    The following article summarizes Obama's speech, where he talks about how the economy is gradually recovering from the financial crisis. The President states how the housing, manufacturing and automotive markets are rebounding, and thus leading the US out of the financial crisis. Obama then explains how there still is a long road ahead for the financial crisis to be overcome, in order for nobody to be left behind without a job.
Jonah B

Environmental Activists Killed in Brazil - 0 views

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    The following article talks about how 2 local environmental activists Zé Cláudio Ribeiro and his wife Maria do Espirito Santo were shot outside their house by illegal loggers who were upset with them protecting the rainforest. On the same day that they were killed Brazil passed a new law making it easier for loggers, cattle farmers etc. to cut down parts of the rainforest reducing Brazil's Commons.
Jonah B

Venezuela Faces Shortages in Grocery Staples - 0 views

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    The following article discusses how the strict price controls set in the Venezuela are causing more harm then benefit. The ceiling prices are set so low that producers cannot make a profit anymore, causing a reduction of production but an increase in demand. This is causing a crisis in Venezuela where people struggle to purchase the goods which are being produced less and less due to the price controls.
Jonah B

Measures to Legalize Marijuana Are Passed - 0 views

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    As many of us know Marijuana is on its way of being decriminalized and legalized in the U.S., some states like Washington and Colorado have already legalized Marijuana completely. Now people in Colorado have voted for a 15% excise tax on wholesale and a 10% sales tax on retail Marijuana to help regulate the trade.
Jonah B

As It Increases Production, Tesla Worries About Battery Supply - 0 views

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    The following article states how Tesla, which is an electric car company, worries about the supply for their lithium ion batteries. Their supplier Samsung is not able to keep up the supply of batteries so they are looking for methods of increasing battery production together. Therefore although demand for batteries increased, the supplier Samsung was not able to keep up with the rising demand for batteries.
Jonah B

Spike in gas prices spurs violent protests around Sudan - 0 views

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    The following article is about how the increase in gas prices has spurred violent protests around Sudan. The activists are mainly high school and college students, with one activist been killed by police. The increase in price has made gasoline not affordable for most, as prices doubled,because the government cut its subsidies for gas companies. Therefore gas in Sudan has an elastic demand, causing the increase in price to make gasoline not only not affordable, but also increasing the price of other goods,which are dependent on gasoline driven vehicles.
Jonah B

Could high-rise fish farms revive Hong Kong's fishing industry? - 0 views

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    The following article discusses how the local waters near Hong Kong have been depleted of fish since the 1980s. Therefore the suppliers are shifting their method of production to having fish farms located in industrial buildings to meet Hong Kong's demand for live fish.
Jonah B

Raspberry Pi single board computer - 0 views

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    The following article is about the high demand of the recently founded company Raspberry Pi which has begun creating single board computers, which is basically just the "heart" of the computer. They produce their computer chips at an incredibly low price of only 20 pounds per unit and have now sold over 1 million units do to large demand of the cheap processor. Due to its low and affordable cost it has become immensely popular and is predicted to grow even more over the next few years.
Jonah B

Poachers in Zimbabwe poison 87 elephants for ivory - 0 views

Scarcity cost demand supply poverty news scarce
started by Jonah B on 29 Sep 13 no follow-up yet
Jonah B

Why water is key to Syria conflict - 1 views

scarcity poverty cost
started by Jonah B on 23 Sep 13 no follow-up yet
  • Jonah B
     
    http://globalpublicsquare.blogs.cnn.com/2013/09/17/why-water-is-key-to-syria-conflict/?iref=storysearch

    The following article is about the Syrian drought before the civil war. During the year 2008-9 Syria has suffered from one of the most severe drought of the region and requested help from other nations to resolve the water crisis. Although they requested help from the U.S. they weren't supported by the U.S. and were eventually only able to raise one quarter of the total funds from donor nations they wished to raise, in order to resolve the problem. Political analysts have claimed that if the U.S. had been more attentive about the immense scarcity of water in Syria, they could have avoided a large factor causing the civil unrest. The drought was a spark to light the civil war so to speak, and the U.S. could have saved thousands of lives with supporting Syria during their crisis and hopefully also avoided the civil war.
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