However, Chinese history has effected people’s mind and habits, so the one-child policy is not the only reason that causes these problems; in other words, the one-child policy effectively reduce the Chinese population. The large number of abortions is one problem that caused from Chinese history. After the long time of revolution,
The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess. However Major did have some success, he abolished poll tax, which was very popular among the public, he increased spending on the NHS and introduced transport subsides to keep travel fares low.
However, pensioners will be hit hard because the extra income they earn from saving will have dramatically reduced, making them worse off. On the other hand, savers may leave the pound for better interest rates in other countries (hot money), causing a fall in the demand for the pound. As a result the value of the pound will fall, making exports cheaper and there will be an injection of net exports. In conclusion, the impact of loose monetary policy will be beneficial to the economy because extra consumption and investment will cause AD to increase which will increase economic growth. However, it takes a long time for changes in interest rates to feed through to consumption and investment and by then the economy may have gotten worse.
We have to consider that Detroit has reported more population than Chicago. Cities that have large populations also have a greater chance of crimes being committed. People losing their jobs and many their homes could contribute to the economy status. This could contribute to the increasing numbers. Looking at what could help the numbers decrease could be because repeat offenders are receiving harsher punishments, or companies increasing their security with newer technology.
Government spending cuts reduce output significantly, and Extract B, line 2 states that the ONS have found that there has been ‘a sharp fall in employment in the public sector which has helped to push total unemployment above 2.5 million last month’. This therefore proves that there will be a significant reduction in public sector employment however there will be a greater demand for the private sector output and as a result an increase in employment in the private sector. In contrary, reducing government spending also helps to reduce the national debt in the economy so that a budget surplus can be achieved. (AD/AS diagram shifting left or unemployment) Extract C, line 2 states that ‘the 2.5% rise in VAT…will drive up unemployment’ and this is a fiscal policy measure that will affect unemployment in the economy because with an increase in VAT consumers will be less resistant in buying goods because they have to spend more and so they instead decide to save which is known as a withdrawal from the circular flow of income. Furthermore, an increase in taxation such as income tax and VAT will also reduce aggregate demand from AD1 to AD2 and real GDP because
“Such policies might, in fact, upset a national balance that correlates with the unprecedented drop in crime and the rise in public safety over the past two decades” (Domenech). Mass murders track closely with the homicide rate, but over the last decade the rates have dropped to lower than they have been since the 1960’s. Mass murder attracts a lot of attention from the media and although we may think that crime is rising, according to Domenech, we are living at a time when violent crime is at a historic low. Grant Duwe, a PH. D researcher in Minnesota, blames media’s irresponsibility for creating a false impression of rising mass murder because claims makers have relied almost exclusively on national news coverage as a source of data.
Examine the reasons for, and the consequences of, the fall in death rates since 1900. (24 Marks) • Consequences- Ageing population in Britain- Government spending NHS/Welfare -Lack of jobs for elderly- e.g. B&Q • Reasons- Improvements in healthcare and medicines -Safer jobs Death rates are the number of deaths per 100,000 of the population per year. Since 1900 due to improvements in many areas, a few examples being medicine, welfare and safer jobs, death rate in countries such as Britain have decreased at a large rate, with the consequences causing several problems due to this development. It can be linked to other factors such as increased life expectancy and a decrease in birth rates that happened in the same time frame, which were also influential on the consequences of decreasing death rates.
The UK government in recent years has had to resort to financial cutbacks due to the recession, especially funds for the public services. This had has a large impact on the public services, majority of them being negative. An example could be there have been many Fire station closures within the UK. The fire service in recent years has vastly improved, this can be show by the number of fires is annually decreasing. This means the government does not see the need to have as many fire men/women and therefore made many redundant and closed down fire stations in order to save money.
Alcohol abuse not only causes economic problems for the user but also to the user’s friends, family and, society. In the Unites States the effects of alcohol consumption on health and safety constitute a substantial economic burden, reducing the overall standard of living. Over the years it has been proven that during hard economic times, alcohol consumption increases as the economy decreases. It has also shown that when alcohol prices increase the demand for alcohol decreases. The sale of beer, wine and other spirits are responsive to price.
Unemployment Unemployment has become a part bigger part of our economy over the years. The great recession that lasted from 2007-2009 contributed a higher rate of unemployment after the collapse of some of our highest financial institutions. It has impacted our economy a lot stronger than during the other financial crises. House values went down, and no one could afford to pay for their mortgages after they lost their jobs. Some stores experienced lower sales and started to close down their stores which led to even more unemployment.