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Development of Solar Lamps Instead of Using Electricity - Essay Example

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The paper "Development of Solar Lamps Instead of Using Electricity" states that the demand for the facilities may be low hence affecting the producer's market since the demand does not match with the production, and this would cause losses hence the closure of businesses…
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Development of Solar Lamps Instead of Using Electricity
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Extract of sample "Development of Solar Lamps Instead of Using Electricity"

The study develops the understanding that solar-powered products are economically and environmentally friendly since they require the use of sunlight, which is readily available, and a renewable energy source.
Most companies, industries, and other businesses around the world depend on electricity for their production. Even families in the middle class appreciate the consumption of electricity in their domestic and commercial activities, for example, in cooking, cleaning, complete lighting, and office-related tasks. Because of fewer sources of water, the hydropower stations cannot generate enough electricity to suit everybody and because of this, there have been power rations and escalated prices too. This is done to help manage the little amount of electricity to be enough for every company, industry, business, or even family.
Different towns and cities will go without power on certain days. This means that many businesses may not be able to achieve their daily targets, especially on those specific days, since they only depend on electricity to go through with their production (Langhamer, Kalle, and Jan 1336). The strategic economic integration with the use of solar-powered products extends its effect to help those people from the low-income margins that once appreciated the electricity, but have to adapt to other cheaper sources to save on expenses. The introduction of solar lamps has been appreciated by the lower class people since they are more affordable, reliable, and economical. This way, the demand for the facilities is much lower compared to electricity.
In conclusion, this study shows that although the use of solar-powered facilities may be much more economical and reliable, a certain group of people may not benefit from the initiative. The demand for solar facilities then may not be high since most people depending on it are the people on the lower income margin (Langhamer, Kalle, and Jan 1341). Read More
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Use principles discussed in this course to explain some pattern of Essay. Retrieved from https://studentshare.org/marketing/1668936-use-principles-discussed-in-this-course-to-explain-some-pattern-of-events-or-behavior-that-you-personally-have-observed-or-some-environmental-or-energy-challenge-that-you-have-encountered-or-read-about
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