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Political Economy - Essay Example

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There have been advancements in practically everything. Technology has completely changed the face of the earth and the human race has only seen onwards and upwards. However, things have had a negative side…
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Political Economy
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Download file to see previous pages The recession and population Growth have been contributing to Income inequalities and at the same time influencing an increased focused on Environmental pollution. The increase in recession and population growth has had a trickledown effect and things have been getting worse as time has gone by. The primary focus of this thesis will be the effects recession and population growth have on triggering income inequality as well as environmental pollution.
Financially, the last decade or so has been a debacle for most countries around the world. The term recession has posed as a pest for most economies and has derailed the massive progress the world was making. Money was being flown out of the economic system that was being injected into it. Supplies were not meeting demands and inflation reached its highest. Recession ate down economies all over the world like a pest and all of that resulted in no liquid money being present in the economy. Credit money increased and economies became dangerously short of liquid cash. The spending power of the common man also went down drastically which means no money was being injected in the economy causing the financial state of the world to go worse.
To worsen matters, population of the world saw no regression. The world was experiencing an exponential growth in population and as a result, demands were not being met. The world was not producing enough to be able to accommodate and feed the growing population. The common man started facing affordability issues giving way to income inequalities.
Income inequalities had their own set of problems. The common man turned to crime and wrongdoings to fulfill his basic needs and this is where crime multiplied in the world. All of it worked in circles and the world situation starting deteriorating.
With all the problems mentioned above, the authorities of the world showed increased concern and focus on environmental pollution. The increasing population led to ...Download file to see next pagesRead More
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