I need to identify a problem in the news that relates to a microeconomic issue a
ID: 1203498 • Letter: I
Question
I need to identify a problem in the news that relates to a microeconomic issue and prepare a report that includes a basic problem solving analysis. 1. Provide a clear and concise statement of the problem to be addressed. The problem statement should be no more than 2 or 3 sentences and contain in a single well crafted sentence 2. Describe the revel ant facts and circumstances related to the issue that u have identified. 3. Explain this issue using economic terms, models and concepts learned. This is basic microeconomics. I need help with an easy current event and problem statement. I need to identify a problem in the news that relates to a microeconomic issue and prepare a report that includes a basic problem solving analysis. 1. Provide a clear and concise statement of the problem to be addressed. The problem statement should be no more than 2 or 3 sentences and contain in a single well crafted sentence 2. Describe the revel ant facts and circumstances related to the issue that u have identified. 3. Explain this issue using economic terms, models and concepts learned. This is basic microeconomics. I need help with an easy current event and problem statement. 1. Provide a clear and concise statement of the problem to be addressed. The problem statement should be no more than 2 or 3 sentences and contain in a single well crafted sentence 2. Describe the revel ant facts and circumstances related to the issue that u have identified. 3. Explain this issue using economic terms, models and concepts learned. This is basic microeconomics. I need help with an easy current event and problem statement.Explanation / Answer
Poverty and social exclusion impact all age groups. It is multi-faceted and combating it needs a multi-policy response.
"People are living in poverty if their income and resources (material, cultural and social) are so insufficient as to preclude them from having a standard of living which is regarded as acceptable by society generally. As a result of inadequate income and resources individuals may be excluded and marginalized from participating in activities which are considered the norm for other people in society."
Building a more widespread commitment to overcoming poverty is an important first step in overcoming poverty, and actions to address this are:
• Share the advantages of economic growth through an emphasis on more widespread employment. The phenomenon of jobless economic growth that increases income inequalities and generates too few jobs for low income groups is a serious threat to the well-being of many nations. Government policies should focus on not only aggregate economic impact but also the distribution of employment.
• Corruption, both in government and business, causes heavy cost on society. Businesses should enact, publicize and follow codes of conduct banning corruption on the part of their staff and directors. Citizens must demand more transparency on the part of both government and the corporate sector .
• Broaden access to education and technology among marginalized groups, more so among girls and women.
• Improve government capacity to provide universal access to essentials, including potable water, affordable food, primary health care, education, housing and other social services