Group items tagged

Price of gold is increasing as demand for it is increasing in Asia. This article relates to this week's topic because it demonstrates that as demand of gold is rising, its price must increase because it is a limited source and therefore there can only be a limited amount of people who acquire it - therefore, according to this article, the gold is being allocated to people who are ready to spend $1,400 an ounce .

The stocks of prawns, lobsters, and crawfish are plummeting drastically due to the dredging and trawling in inshore waters. Actions have been taken to improve the marine life, and regulations are being imposed on the dredging. The limitations of inshore fishing addresses the problems of seafood scarcity and depleting the marine population.

This is an article from last month, and I took it from "The Economic Times". It talks about how India could face water scarcity in the near future due to their growing population.

I have chosen this topic because it emphasizes the importance of balancing the number of births per year. It can be seen as a really good thing of increasing the number of your race, but it can be a big problem if the population get out of the control and limits the water per people in the country

India is in danger of moving towards water scarcity conditions as per capita availability of water is reducing in the country, due to variations in rainfall and increase in demand for water from industries.

This article is about if economic uncertainty make you save more - or spend more. It suggests how the answer may depend on your childhood experience and explains why poverty can sometimes be difficult to escape.

This article, by The Time, is considered with the idea that whether economic uncertainty make you spend more or not. The author directly suggests that it depends on the childhood experiences that you went through. Therefore, the article shows how two experiments proved that poverty is hard to escape. The participants in the experiments were forced to make 20 decisions which include a decision between recieving $30 right now or $41$ later. They later proved that poor ones take the money immediately where as the rich ones take the money after.

This article addresses several economic issues, like the US dollar inflation that is now not even backed by real gold, the demand and supply of gold, the dramatic reduction of this product in certain markets, and how this will affect the market overall.

This article talks about scarcity and how it can be used in marketing. Pliny the Elder is a type of beer is very sought after but they do not make a lot of it. Therefore people find it more valuable because there is less of it.

This article speaks of a pressing issue I have been following for the last few years. The affect that water depletion is having and will have if we do not stop bottling companies as well as find new ways to conserve water.

The government is has expressed a desire for higher minimum wage. By creating a limit to how low the minimum wage is, the government is imposing a minimum price or a price floor. The increase in minimum wage translates into an increase in the minimum price or price floor.

According to the article California is already dealing with one of the periods lacking rain like that is not enough now there are also rumours saying the dwindling water supply is contaminated.

This article talks about emerging markets, and bail out plans