StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Economic Slump Facing America - Essay Example

Comments (0) Cite this document
Summary
The writer of this short essay will address the issue of potential economic problems in America related to the moral values of new generations. The writer stresses the importance of quality education among youth as a vital part of avoiding the financial crisis…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
The Economic Slump Facing America
Read TextPreview

Extract of sample "The Economic Slump Facing America"

During this economic slump happening across the continent and extending throughout the globe, it is not only the adult population that is affected financially, emotionally and morally. On the first few weeks of being seated in the highest position of the state, the economic status of the country is highly prioritized especially when the country is plunging into what seems to be an economic depression. In planning for the economy, it is not only the adult fraction of the American population that would benefit when solutions for this financial crisis are administered. Solving or at least alleviating this problem would also benefit the fraction of the population who would constitute the next generation of America and these are the children.
In upholding the welfare of American children, it is not only the economic side that should be improved for their future. Their moral and social welfare are far more important than their financial welfare. In addition to these is their ability to survive and adapt in various kinds of conditions.
To resolve a problem that involves children, the root of the problem should be traced first. This economic slump that America is facing and affects the lives of all of its citizens down to the youngest American can be traced to its moral values. Stripping off all hypocrisy and admitting that degradation of values is one of the causes of this financial predicament would make citizens realize that excessive spending, unrestrained buying, and discontent on what one already has caused America to fall into this self-made pit.
To help American children would call for changes not in their surroundings but on the children. Education is important but textbooks and curriculums are not the only factors that should be taught and improved in schools and at home. Teaching children to be frugal and to maximize things that can be found at home instead of constantly buying new items would be a great start and the best way to improve the lives of American children.
Furthermore, improving lives of American children through education would also need lessons on survival through improvisation and activities that would develop their adaptability in different kinds of conditions. This way, the children would be emotionally prepared and would be capable to find and invent ways if sudden changes would occur as results of the changing status of the state.
As the head of the state, there is nothing wrong in improving the financial and social environment of the nation for the present population and the next American generation that would take the place of the current citizens. However, improvement on the external factors would not hold up until the next chain of American generations since there are risks and the reality that these sources would be depleted. The most important way to help children is to cultivate and develop the internal factors of the young citizens and some of these factors are their adaptability, sense of wise spending, and contentment of what they posses.
The state may not have enough money for its entire citizenry and may not put up and acquire every tangible asset and property to last for the succeeding generations but the head of the state and every head of the American home can provide, nourish, and equip children with abilities and values that can help them survive as the next citizens of America and hopefully persevere in building a country that is not entirely dependent on its economy or power but on its values as thriving and caring human beings. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Economic Slump Facing America Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
The Economic Slump Facing America Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/macro-microeconomics/1551807-essay-500-600-words
(The Economic Slump Facing America Essay Example | Topics and Well Written Essays - 500 Words)
The Economic Slump Facing America Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/macro-microeconomics/1551807-essay-500-600-words.
“The Economic Slump Facing America Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1551807-essay-500-600-words.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Economic Slump Facing America

Economic Slump Outcome

The withdrawal of major clients and lack of suitable counseling made the employees to search for an alternative job. Attrition is inevitable because there is insecurity of job in the minds of most of the employees and the shattered company image adds more fervor to quit.Satyam employees are absorbed by companies who have acquired the lost projects of Satyam and there is scope of survival for them. If this attrition scenario continues, then Satyam cannot go on the revival phase and sustain its existence in the software industry.
In Marketing, it is a mandatory process to focus on the ROI (Return on Investment) especially during the economic crisis phase. The above citation identifies solutions to sustain the credibility of the...
5 Pages(1250 words)Article

1877: The problems facing America

... 1877: The Problems Facing America When Rutherford B. Hayes was elected president of the United s in1877, America was just coming out of one of the most turbulent periods ever to face any country. The US had been devastated by the years of civil war and the lingering economic depression. Mistrust in an ineffectual government had left the public weary of corruption and factions in the South remained in an antebellum attitude. The progress that blacks had made with the constitutional amendments of the previous 15 years had been nullified as southern states refused to enforce the freedoms granted to the newly freed slaves. As reconstruction ended and America moved forward, it was faced with the problems of restoring the Presidency, enforcing...
3 Pages(750 words)Essay

Current Economic Problems Facing Our Country

...Current Economic Problems Facing Our Country A society integrates into the environment in order to sustain itself, and we as individuals aim to integrate into the society to establish ourselves as successful members of the society. Any changes in the external or internal factors affecting the society have a direct impact on the majority of the members of the society in which we live. Current economic situation is one such factor that has had a very strong influence on the lives of millions in the country. During the last four months of 2008, the financial system was on the verge of a meltdown, many banks in the United States went bankrupt, others had to seek government assistance in order to survive, and yet others had severe impact...
5 Pages(1250 words)Essay

The Slump: It's a Guy Thing

... The Logic of The Slump: It’s a Guy’s Thing In this article, Peter Coy is discussing the reasons and impact of the growing jobless men in contrast with the increasing number of employed women. This gender difference is not based on the different attributes men and women but rather the different sectors in which each is employed. The recession hit sectors of manufacturing and construction have a high concentration of men while most women are employed in the education and health sector that has escaped the clutches of recession. The key question that Coy is addressing in the article is the impact of this situation on the living standard of a typical family and whether unemployment benefits should be allowed for another six months...
1 Pages(250 words)Essay

Economic Policies of America

...Economic Policies of America Economic Policies of America There is an intimate link between politics and economics in the sense that the force that derives politics in a capitalist economy is the desire to accumulate wealth continuously. This concept of economic and political affairs is what Wallerstein (2005), refers to as the “Modern World System.” The idea is slightly opposed to the assumption; an economy of a country and politics link, in the sense that politics influence the function and nature of the economy both locally and internationally. In the case of America, the two periods of Post World War II era to 1970s and the late 1970s to the 2007- 2008 financial crisis had different economic policies that were based on different...
9 Pages(2250 words)Essay

DISCUSS FIVE CURRENT ECONOMIC AND SOCIAL ISSUES FACING GHANA

...THE CURRENT ECONOMIC AND SOCIAL ISSUES FACING GHANA of Affiliation Ghana falls on the United Nations list of the poor countries.It is among the undeveloped countries decades after gaining its independence. As Ghana tries to develop and meet the economic development goals of 2020 and to provide the citizens with proper living conditions, it faces many economic and social issues. Of the major economic problems is mass unemployment. Ghana is experiencing a gradual rate of urbanisation. However, with its increasing population the employment opportunities create does not match the jobs created (Hart, 2011). In this problem, the youth who form the about a quarter of the population is the most affected. It is approximated that only about 12...
3 Pages(750 words)Essay

English language learning challenges facing Saudi students in America

...English Language Learning Challenges facing Saudi in America English Language Learning Challenges facing Saudi in America Abstract America has registered an increase in the number of international students enrolling in the educational institutions over the past few years. The study herein determined the experience of the international students of Saudi origin in academic settings. The research utilized a qualitative interview approach and found that the Saudi students face challenges such as academic challenges, cultural adjustment, and social isolation. My suggestion is that the international students form English Second Language (ESL) club in the respective university. Many international and Saudi students will benefit from the club...
4 Pages(1000 words)Thesis Proposal

Corporate Strategies to Combat with the Constantly Increasing Economic Slump

... awkward clutches. The continuous recession has disturbed the business volume of almost all firms and corporations to the great extent, and has resulted in profound financial losses. Consequently, the reputed organisations have articulated market research to combat with the constantly increasing economic slump. The paper suggests a comprehensive research proposal which could be implied in order to investigate the policies adopted by the organisations under unstable global economic condition. Airline industries and banks have been chosen for the present research, on the basis of which the research has been proposed. Introduction: Economic recession simply refers to the slowdown of the business activities, which leads towards...
15 Pages(3750 words)Research Paper

Credit Crunch and Extended Housing Slump

... destined to be the major and perhaps the most potent player in the beer market (Hamilton 2008: Online). The pub industry is facing challenges from many sides. The rampant economic meltdown is making the regular customers unable to spend money in the pubs, thereby giving way to a fall in the demand of beer throughout the country (Hamilton 2008: Online). Figure 4 depicts the falling demand for beer in an essentially recessionary economy. Therefore, survival in the beer business is all about securing a major share in the falling demand for beer in the essentially recessionary economy. To attract more customers and to hold on to the existing customers, the pubs are immensely under pressure to lower the prices of the beer sold by them...
10 Pages(2500 words)Dissertation

Economic Development Of Latin America

High inflation in Latin America during the 1980s and 1990s can best be attributed to flawed monetary and economic policies particularly given that the period characterized a major period for economic growth in the region. Additionally, the lack of proper institutional structures resulted in a fragile public distribution structure consequently aggravating the inflation problem (Franko 187).
Controlling inflation calls for the need to identify means and mechanisms of reducing the money supply in the economy. Governmental institutions are normally in the best position to control inflation through such mechanisms as monitoring the monetary, fiscal and reserve rate policies. By doing this, the various factors that result in the incr...
6 Pages(1500 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Economic Slump Facing America for FREE!

Contact Us