Essays on Scarcity

In countries around the world, children are suffering and dying from malnutrition, disease, and poverty secondary to drought or flooding. Changes in climate create many risks to the lives of children and their families as they struggle to survive in areas where food is difficult to grow and workers are poorly paid. Due to the increase in temperature and extreme weather conditions brought on by climate change, many communities are expected to suffer scarcity of clean water with the result of perilous diseases and health complications. Disasters and humanitarian crises may bring long-term displacements and disruption to educational, health, ...

Information and Communication Teachnology

ABSTRACT As telemedicine is used throughout the rural parts of Africa, there are many professionals and patients who find the entire process very beneficial because there is an allowance for a decrease in transmission of highly contagious diseases such as MRSA (Methicillin-resistant Staphylococcus aureus). If there are clinics that are found in locations surrounding rural Africa, there are strong concerns that patients will be able to transmit their diseases to other people who are otherwise healthy. With the use of telemedicine, the patients and the health care providers can see each other through a confined space and there is ...

Volatile Prices of Primary Goods Preventing Economic Development in LDCs

Background The primary goods refer to the products that are obtained directly from agricultural activities and are not subjected to the process of manufacturing. The most important primary products in an economy include those that are obtained from the sector, such as the fishing, agricultural, forestry, and mining industries. In terms of the least developed nations, which are mainly located in Africa, Asia, and the Latin America, the trade characteristics of their economies include the dependence on the developed, industrialized nations, and, significantly, the reliance on primary products. Accordingly, in international trade, the least developed nations’ exports are primary ...

Healthcare organizations face a big problem now when it comes to nurse staffing and scheduling. There appears a big scarcity problem in the number of nurses when assigned per patient. Researches done during the past decades have established the importance of having enough nursing staff or registered nurse staffing as they play a huge role in achieving positive patient outcomes, safety, and satisfaction. This means an adequate nurse to patient ratio promotes reduction in patient mortality, enhances outcomes, and improves nurse satisfaction when it comes to their work. For instance, one study pointed out that for every patient assigned ...

The term "demand" in economics means payment need, i.e. need that the subject is able to pay. From this definition it follows that the demand for a particular commodity (service) depends on the price. This means that the increase in commodity prices will lead to a decrease in demand, and, conversely, a decrease in prices will lead to higher demand. The relationship between price and quantity demanded is stable. (Agarwal, 2013) The cause of the change in demand is change. This reverse causal relationship between price and quantity demanded is the law of demand. The law of demand manifests ...

In the YouTube video on the Science of Persuasion, six short-cuts to decision-making are described. The six short-cuts are 1) reciprocity, 2) scarcity, 3) authority, 4) consistency, 5) liking, and 6) consensus. I have selected scarcity and consensus as the two short-cut methods of persuasion to discuss in further detail. Scarcity and consensus are a powerful factors in how influential they are in the selling process. Scarcity, which creates a type of desperation in the need to acquire “said material” makes the product being sold extra desirable. People are afraid to miss out on an opportunity to own or ...

Introduction

The Left Hand of Darkness (1969) and The Dispossessed (1974) are useful resources that demonstrate the utopian models and breaking of limits by individuals. The paper aims at identifying the concepts of individuality in the settings of radically different individuals in the society. It demonstrates the differences in culture and interactions that exist between racially different individuals as well as their similarities. Both texts are utopian in that they give a critical review of the powerful ideologies that exist between human, environments, politics among others. The essay focuses on two characters that help in pushing the plot forward as ...

Poverty and scarcity

The scarcity of resources in the society has a relationship with poverty. However, poverty refers to a scenario where people lack basic necessities or adequate wealth to sustain meaningful life. It is important to note that poverty can be rampant in a country that has more resources than a country fewer resources. Therefore, poverty declines if people utilize the available resources in an efficient way to meet their needs. For example, a country that is in the civil war will have more people languishing in poverty than a stable country. On the other hand, scarcity refers to a shortage ...

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

In my opinion, the most important problem of today is the lack of fresh water. Global freshwater resources are threatened because the need for it has been increased in the variety of areas. More and more people need more water (demographic reasons). Thus climate change is likely to contribute to the occurrence of droughts (climate cause). Fresh water is 3% of the total water volume. Approximately 75% of the world's fresh water is contained in glaciers and icebergs; almost all of the remaining water is mainly located in underground aquifers (Rinkesh). Only 1% of water supplies is readily accessible ...

Childhood Obesity: An Overview

The rate of childhood obesity remains to be high in the past years. According to the Centers for Disease Control and Prevention (2015b), 17 percent of children and teenagers or 12.7 million young individuals in the United States are affected by obesity during the past decades. Childhood obesity in children is determined by the child’s body mass index (BMI). Compared to children of the same weight and gender, a child is considered obese if his or her BMI is in the 95th percentile (Anderson & Butler, 2006). This is a serious condition. Obesity increases mortality and morbidity and presents ...

A general move to broaden the security agenda occurred during the 1980s by expanding the focus from the security of the state or the nation to an alternative focus on the security of the people, or the global collective. The human security can be affected by economic welfare, environmental concerns, cultural identity, political rights, and military issues. In recent years, environmental degradation is increasingly being considered as a security problem by not just the environmental activists but also the security establishment as they have become more responsive to the idea. In late 1989, the journal of the International Institute ...

Values Clarification and Ethical Legal Case Analysis

Values Clarification Values dictate the way people function both personally and professionally. In nursing practice, having clear values is essential in achieving moral competence (Jormsri et al., 2005). In completing the value clarification exercise, forty-two items were answered. Of these forty-two items, 15 responses were “mostly agree” and another 15 responses were “mostly disagree.” Six responses were “somewhat disagree”, three responses were “somewhat agree”, and the final three responses were “neutral.”

In a cluster that relates to issues raised by advanced technology, I had some agreements and disagreements. Giving extraordinary medical treatments to patients is essential, particularly when the ...

[Date: mm/dd/yyyy]

Introduction The extensive scarcity of food is known as famine, which causes a high extent of mass starvation in the region. The prevalence of famine has been observed in every continent of the world, however, some countries like Sub-Sahara Africa still encounter with the drastic effects of famine (Baro and Deubel 522). The current paper enlightens the causes and effects of famine and presents the preventive measures to reduce the prevalence of famine.

Causes

The scarcity of food is observed to be caused by the ineffective distribution of food or imbalance in the demand and supply of food. ...

Essay & Discussion

The Politics of Food, Nutrition and the Environment The family farm system has been suggested to be a solution to the increasing demand for food, which is expected to grow extensively by 2050 (AGree, 2014).Such projections are based on population growth which then inform the food needs on a global scale(AGree, 2014). Agricultural resources required to meet this demand are heavily reliant on policy and economic growth. Concerns of the negative consequences of the current agricultural system which relies heavily on technology and methods of production which harm our health and environment(Schlosser, 2012), has led to ...

Abstract

The current discussion is aimed at the dissection of ethics, corporate social responsibility and sustainability of British Petroleum (BP) by taking the case of Gulf of Mexico Oil Spill in to consideration. By commencing the discussion with an overview of the externalities present in the oil industry, the pressures on oil companies are examined which is further evaluated through the application of stakeholder theory and the theory of utilitarianism. In the case of BP, it is revealed that the resort to CSR was primarily a reactive measure to correct its tainted brand image and save it from reputational risks. ...

Definition

Opportunity cost is the choice of the alternative good or services against the other based on cost and benefit. There is always a trade-off in opportunity cost as resources are limited and they are used in various ways.

Examples

Suppose a person is thinking of riding a bus and not driving his own car. If he is riding the bus then he is travelling more cheaply but not as comfortably like his own car. So, some cost travelling by bus are waiting for the bus, walking to the bus stop and a slow journey. If the choice is between travelling ...

Report

Report Nowadays, the basic knowledge of economic principles is crucial for everyone, even for those who are not professional economists. The economy is the mechanism that affect everyone: the probability of find the desirable job, getting mortgage loan in the bank, the amount of rent payments are all variables that are determined by economic processes. The conscious understanding of economics helps policymakers to take appropriate and timely actions; allows firms and investors correctly forecast interest rates, in order to make profitable investments, to the households and individuals to properly plan their savings, to the scientists – develop actual models and ...

The paper defines fracking, describes its merits and demerits. Besides, it discusses effects of fracking on the environment. It concludes that fracking should be stopped and offers ways of stopping fracking. Fracking is a concept that denotes a method of drilling into the ground then directing a high-pressure mixture of water at the rock as well as rock formations to produce gas and oil (Lane, 2013). The mixture consists of chemicals, sand, as well as water, which is directed at a rock at some high pressure to eject gas or oil to the earth's surface. A fracking procedure can ...

Informative Speech

The guest of honor, other distinguished guests that have graced this occasion, ladies, and gentlemen, all protocols observed, water is one of the most precious natural commodities that we must always pride ourselves. Even though this product covers more than seventy percent of the planet, thinking that it will forever remain a fallacy (WWF, par. 1). The only available fresh water for human consumption accounts for three percent of the total available water. There are however concerns regarding the rate at which these water sources are disappearing with current information indicating that water systems like rivers, aquifers and lakes ...

Introduction

It is imperative to note that productivity growth is an aspect that is often used by economists to gauge the performance of an economy. In evaluating the living standards of a country in the long-term, the efficiency with which capital and labor are combined has a significant role to play. However, it is worth noting that productivity alone cannot be relied on to measure the performance of an economy as it is inefficient. The concept has made most analysts to focus on other features such as labor productivity, a figure that is often arrived at by dividing the total ...

Article Reviews

The newly developed SASB allowed companies to take into consideration external events (Eccles, 2016) that cannot be controlled such as the effects of climate change. The reason for the accounting standard addition is that governments cannot ignore the effects on industrial markets and their investors (Eccles, 2016). The value of accounting standards is that it allows individuals, companies, and governments to generate wealth since it allows financial performance comparisons (Eccles, 2016). The problem is that there was no previous standard developed for nonfinancial performances (Eccles, 2016) especially on environmental and social activities.

Areas of Agreement

The advantage of the article is that ...

Life without the very basic necessities like water, food and electricity seems like a myth to the residents of America, and we all hope that we do not live to see a day when that happens to our country. For some unfortunate countries, however, the situation is not that massive of a myth rather these shortages are parts of the problems that the people of Venezuela face in their everyday lives. Right now, the country of 30 million people has become one of the worst examples that may be set for the people of the world to follow. But ...

Technology

Q1.1 Problems facing policymakers The major problems facing policymakers especially in the IT department include cyber battles, private data industry, health choices, real time communications and the need to subsidize to greener technologies. Most online transactions are threatened by cyber crimes that cause havoc to individual rights to privacy. The fight for supremacy between top companies offering similar services has really compromised the comfort of many online users. Companies also strive to upgrade the personal data industries without considering the effect it impacts online users. They ought to reflect on all alternatives so as to minimize market frequencies by ...

Introduction

Markets provide a platform for the exchange of goods and services. Normally, different regions – continents, countries, states, counties and villages – have varying amounts of resources. Some have abundance while others have scarcity, of a particular commodity. The market is the interaction of the forces of demand and supply for these products, an economic interaction that determines prices for the goods and services. On one hand there is the producer looking to sell his/her goods in exchange for money, and the other hand has a consumer who wants to buy the produce. Essentially, markets provide people with options and alternatives. ...

Event: Club Skirts Dinah Shore Weekend

Introduction Club Skirts Dinah Shore Weekend is a five-day event in Palm Springs City, at the tip of the Coachella Valley within the Colorado Desert, California. It is held at the end of the March every year. This year I was part of the 20,000 people who flew to California for the debauchery, and this paper will summarize my observations and analysis of the lesbian community. First, lesbianism, as observed in Dinah, is not about hatred for men, or anti-men or feminism, but rather, a celebration of identity. While the girls were predominantly happy, most of them agreed ...

Production efficiency refers to the production of goods at the lowest possible cost. On the other hand, production inefficiency refers to the production of goods at a higher cost than the existing costs known. Economists view an economy as productive efficient if it can use its minimum or limited resources in the production of the maximum amount of outputs for the given economy. An economy that is production inefficient is one that does not use its given resources to produce the maximum number of units. Graphs as very essential for economists in illustrating such concepts. An example of the ...

Introduction

Modern global economic system is a considerably distinct from the dogmatic frameworks of political economy (Mankiw, 2014). Professor Blanchard contests that extreme increase in production and substantial automation of the business processes have seriously changed the global economic landscape (2011). In order to stay competitive the companies have to develop and implement new business solutions, as well as they have to stay socially and environmentally responsible (Goldin, 2014). In addition, Gartner wrote that there is an increasingly important need to stay in line with the perpetually evolving customers’ preferences (2006), and the smallest disharmony with their predilections may result ...

The Name of Class

The Name of the School The City and States where it is located 1. Analysis of findings

Research Question- Why is it a problem if the earth’s average temperature gets a little warmer?

1.1 Results The average rising temperature can have vast impacts only by slight increase. The vast impact the average temperature can have can be shown with the average temperature in the last ice age, when the average temperatures were only around 5 degrees Celsius lower than today’s average temperatures. From the Figure 1 it is seen that the global average temperature, which combines the surface and ocean temperature have been on the rise and have reached the highest levels in the ...

(Professor/Instructor) (College/University/Institute)

Thesis Statement: Water and its scarcity will continue to fuel conflicts among nations. Water will become a potential flashpoint for future regional and possibly global conflicts. In the position of Australian Council Future Fellow and University of Adelaide associate Professor Sarah Wheeler, the future global water crisis is the most significant threat that will challenge international peace and order in the next ten years. This holding is supported by the findings of the “Global Risk Perception Survey,” outpacing the spread of contagious illnesses, “weapons of mass destruction,” regional and inter-country conflicts, and failing to address the problems ...

Global issue: Food insecurity

Today, the world suffers from numerous issues; from the security of life and property to the security of food and water. With the gradual but persistent rise in global temperatures, food and water resources in certain parts of the world are getting scarce and hard to conserve. This is problematic as with the passage of time; these resources are bound to get scarcer and lesser in amount. Moreover, poverty is another factor which makes it difficult for masses to get hold of nutritious and abundant food resources. When the factors of money and lack of resources are combined together, ...

Introduction

Violence within prison complexes is common in almost all parts of the world. The violence can originate from staff or inmate. The correctional systems in several countries attempted newer approaches to incarceration in order to avoid violence on prison complexes. There are very few complexes in the world that have reduced rates of violence or can claim to be violence free. Instead of rehabilitation, prisoners face entrapment in a dangerous game. The level of accountability towards prisoners and their safety diminishes in regions such as Asia, Middle East, and South America. The United Nations established a set of international ...

Problem

This article considers the fact that water is a scarce natural resource and that designing institutions that will maximize its use in a beneficial way is of the utmost importance. The concern of the authors in this article is to understand the ways water is assessed for its economic value. The authors of this article consider what are the most important factors when deriving estimates for water use. They are concerned primarily with establishing common baseline denominators for water values concerning quality, time, location and quantity, as well as identifying the proper point of view from which the values ...

Introduction

Power and influence are vital aspects of a business organization since they dictate the prosperity of the particular company. Influential and powerful leaders usually lead the most successful companies around the world. According to French and Raven (57), authority originates from experts, legitimate, reward, and coercive. Principles of influence include commitment, reciprocity, social proof, scarcity, and authority (Seiter and Gass 208). This paper is a report on how power and influence played a role in the organizational structure of the Apple Company.

Power and influence

This section will discuss sources of power and principles of influence as evidenced in Apple Computer. The ...

Although China is known to be the home of the world's ancient and most continuous culture, it has experienced many institutional changes since the Communist regime came into power in 1949. In China, foundation of hierarchy and family, social set up was based on relational norms that were expounded by Confucius and Tang Dynasty's legal codes. Such an institutionalized relational kind of logic has shaped the society whereby the order is based on the social obligation to the authorities and family as opposed to the protection of individuals. The country’s history has been marked by two intertwined social ...

Scarcity is the economic problem often experienced by many companies in the world. It is the art of having too many and unlimited wants in a world where there are limited resources to satisfy those wants. The economic problem makes a society deficient of productive resources to fully satisfy the human wants. Wal-Mart as an organization has devised methods to try curbing the problem of scarcity in the society (Ferrell, John, and Linda). Walmart spends approximately $7.6 billion in a year to buy back shares of its own stock. Just as scarcity in the art of having too many ...

Values of Life

Our values are important in our daily life and work. It is our believe that these values help in day to day activities. If the values in our life match our behavior in daily life then we are content and satisfied with our life. Economic value measures the benefit that is provided by a good or service to any person or an economic agent. Defining one's personal values is a tough proposition as we are confused about what we want and what we do. Our personal values helps us to identify what is good for us, the values that ...

Mad Max: Fury Road (2015)

Methodology: HISTORY History refers to the influences that certain major events, or trends in recent years, have influenced the filmmaker’s choices. Furthermore, the shared history and collective memory of the society may influence that way in which the filmmaker takes the story, by relying on the public’s knowledge of past events.

Thesis Statement:

In “Mad Max: Fury Road”, the filmmaker constructs his reality as a response of the events in real life, where global capitalism, international politics and environmental damage represent imminent threats for the future.

Reasoning:

The film clearly presents a reaction to the ...

Haitian Desal-A-Nation (A solar powered water distiller)

Background Small-scale desalination is a method that helps to desalinize cases of water scarcity. The salt water that is efficient and profitable. And, it is also life-saving and making the affected people live a healthy lifestyle. Several water desalination projects are in place to include the C- water, MIT solar powered desalination system and the Haitian Desal-A-Nation. Figure 1 : the Haitian Desal-A-Nation [3] This project is aimed at developing a distillation system which works solely on sunlight. The architecture is simple and hence can easily be reproduced for more consumers and additionally, the glass material is strengthened for ...

Influence in interpersonal relationships: My landlord’s compliance seeking and persuasion strategies

Summary of Experience In my first year of college, I did not want to reside within the campus so I decided to look for an apartment nearby. The first apartment I found was a bit of a shack, but I decided to stay there regardless while I continued my search. At the end of the semester I found a new apartment; it was closer to the campus and better in every way. The rent was about $750 and I didn’t mind as it was only a $100 increase from my other flat. However I was using my deposit ...

Introduction

The relationship between the influence of water pollution and the economy is important since without the water, no life, no prosperity and no economic development can be achieved. The scarcity of water has been identified in various parts of the world and the predictions for the future are even more concerning. Most of the planet earth is composed of water, but only 3% of it is fresh and drinkable and therefore useful for the global population. There has been seen development of the techniques of desalination, but the prices are still relatively high with various other negative factors. The ...

Water scarcity is a global problem that affects several places and regions around the globe. The phenomenon of water scarcity is hitting drier places hard . The impacts of water scarcity in these places have been severe. For example, impacts of water scarcity include crop failure, lack of food and extended starvation amongst populations and death due to waterborne disease in places where water scarcity forces people to consume dirty water. It is on these backgrounds that several individuals, community based organizations, non-governmental organizations, United Nations agencies and government agencies have put together concerted efforts to address the challenge of ...

Introduction

Recent history, more so, the frequency of economic downturns over the past few decades, has championed the fact that college education is indeed a necessity towards social as well as economic advancement (Hughes, Serebryanikova, Donaldson &Leveritt, 2011). As more people focus on attaining college education, there are challenges that come to light. One of the most prevalent challenge being scarcity of economic means towards establishing direction towards setting out a brighter future path to greater success and opportunity for those from needy family backgrounds (Rondeau, 2007). Without a doubt, tuition fees present needy college students with the largest expense. ...

When considering the relationship between architecture and economy, the physical attributes and architectural aspects of Burj Khalifa are less important than the way in which the building was part of a comprehensive strategy aimed at establishing Dubai as a major city capable of compeering a global scale (Aldred 204). The extent of media attention garnered by the Burj Khalifa and the appearance of the building in films from Bollywood to Hollywood has contributed to promoting Dubai across the worlds. Unlike the exchange value of International City which establishes by the resale through “flipping” apartment units and rental retunes, the ...

Leadership is one of the aspects that have been viewed in different angles and different people have had their own explanation of what leadership is. In my opinion, the definition that may be said to be right of what leadership is; is the one that points out all the aspects of a leader. Leaders are said to be rulers, inspiring individuals as a motivator as well as facilitating and guiding them as a mentor or coach. This is the definition of leaders in terms of what they do. Leadership is therefore the view of the future, aligning individuals with ...

In any market, the attainment of market equilibrium is of great essence. Market equilibrium is a situation where by the quantity demanded of goods equals the quantity supplied of goods. The point of interaction between the two curves, that is, the supply curve and the demand curve gives the equilibrium quantity and the equilibrium price . Market equilibrium as stated earlier is of essence in an economy in order to avoid the problem of inflation or deflation. The following paper will look at how market equilibrium is obtained when prices increase and quantity produced goes down. Price is the major ...

Affiliate institution

Traditional responses of corporate strategy, hierarchical structures and control systems are among the major factors that inhibit the flexibility of a company, its ability to take up new opportunities and thrive in the ever changing external relationships. Mainly, these factors are caused by organizational similarity. Organizations need to be legitimate. Most of their behavioral and structural aspects are targeted towards environmental acceptance rather than internal organization similarity. Hence, most organizations tend to be similar, adopting traditional business practices. The success of companies is mainly determined by their flexibility to changing needs, new opportunities and the ability to create new ...

Production of goods and services is one of the core and fundamental aspects that relates to companies and organization. Organizations aim at making profit and this would only be achieved through proper production of goods and services. It is the wish of every organization to produce as much as possible in order to meet the demand that exist in the market but several factors act as obstacles to wards this. One of the major things that deter effective production is the scarcity of resources for production such as raw materials that are essential for the production process. When we ...

[Institution Title]

Introduction

In 1818 Dr. James Blundell made a successful attempt to transfer blood from a human source to another human being using an instrument he personally developed to save another person’s life . Following Dr. Blundell’s successful medical procedure, there had been numerous study initiated to improve the process and quality of blood transfusion. Nevertheless, this procedure cannot be initiated unless there is an available source of blood that can be transferred to a patient. Relatives were among the very first subjects tested for blood matching in the event that a patient needs the procedure. However, in ...

Successful creation of a trendy counterculture is based on exclusivity of products and unique shopping experience in a small store, which a retailer like Urban Outfitters can offer its specific niche of customers. Their customers are people, who try to differentiate and create their own image with the help of products they can find in the store. Moreover, Urban Outfitters’ target market is represented by women, who enjoy shopping and would like to buy something really special and unique to emphasize their own individual uniqueness.

Big box stores like Sears or Wal-mart are mass-market oriented retailers, offering their customers a big choice of ...

As earlier discussed, we anticipated starting a casual Friday in our work place and we were promised that it will be put to effect. But our superiors are hesitant as they are not sure of the effect of casual Fridays on our clients, they are however yet to give us the green light on the matter. And just to enlighten those who do not know the difference, a casual Friday means wearing business casual. This means we can wear dress shoes, casual blouses, smart casual dresses, jeans or T-shirt.you can also come without ties; however Aloha shirts, sneakers, track jackets, ...

(A)Principles of increasing/diminishing marginal returns. Principles of economics include returns to scale. Most firms experience increasing returns to scale when at the beginning of the business the costs in the long-run are decreasing this is so because a unit of the available resources produces more returns. On the other hand decreasing returns to scale in most cases occurs when the unit resources produce fewer returns. Organic products on the article exhibit increasing returns to scale, (Arthur, 2003). From the article companies such as wall-mart improved and became big firms this helped them to scale up, and make high ...

Abstract:

Lack of fresh water for agricultural, domestic, and industrial use is a great hindrance to development in many parts of the world. Water shortages are more prominent in the arid and semi-arid areas. In addition to that, the inadequate fresh water resources found in these regions are endangered when it comes to quality due to the numerous man-induced changes. Moreover, the limited water available is limited to groundwater. In there is any surface water, it is mainly flash floods that results from high intensity rainfall that falls for a very short time. Therefore, these floods have very little potential to be a ...

A well-known saying “There is no such thing as a free lunch” belongs to Milton Friedman, Nobel Peace Prize winner in Economic Sciences (Tucker, 2008, p. 27). This phrase poses a key question whether or not something can be free. “Free lunch” appeared during a period in history when bars and saloons in America started attracting their customers by offering them free lunch (Riley, 2006). Obviously, they sacrificed money for lunch knowing about the trade-off on drinks their customers would order.

It refers to such economic concepts like opportunity cost and scarcity of resources. In addition, it is important to understand that ...