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Home/ ZIS IB Year 2 2013-14/ Contents contributed and discussions participated by Dominik Machate

Contents contributed and discussions participated by Dominik Machate

Dominik Machate

Saudi youth unemployment could be reduced - 0 views

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    Half the Saudi population is under 25 years of age. this poses a great opportunity to expand the economy of Saudi Arabia, with the new idea that the young workforce brings with them. At the same time it poses a threat if the government does not accomplish the task of creating enough working spaces for the large group that will enter the labor force in the next 10 years.
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    Half the Saudi population is under 25 years of age. this poses a great opportunity to expand the economy of Saudi Arabia, with the new idea that the young workforce brings with them. At the same time it poses a threat if the government does not accomplish the task of creating enough working spaces for the large group that will enter the labor force in the next 10 years.
Dominik Machate

InSYNC - 0 views

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    In this Article it is perfctly shown how the goverment can control a country with taxes. by putting the taxes so far up for alcohol the people will think twice if they really need alchohol or not. By changing the system from a overall tax for all different kinds of alcohol to a more individual with respekt to the strength of the liquor a more fair and logical system was created. this enables the citizens to consume wine and beer which are less "dangerous" and harmful than hard liquor which may cause or enhance the chances of physical fight, destruction or vandalism on public streets. A bottle of wine, where this is less likely to happen, might even generate more income if taxes are low so people drink more of it in restaurants or at home to dinner.
Dominik Machate

Rise in the price of diamonds - 3 views

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    Tis is an example for an demand article because it shows that the scarcity of diamonds if driving the prices up. In the last couple of years experts have seen a constant rise in the price for diamonds. This is because of the number of potential buyers has risen because coutries like China, India and russia are economily growing and creating more wealth. The interest is growing and the scartcity aswell. A lot of old diamond mines are running out and one is not sure if there are a lot more around the world.
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