How is energy important to modern food production

Assignment Help Macroeconomics
Reference no: EM131501434

Assignment: AMERICAN FREE ENTERPRISE- Critical Thinking Activity

Welcome to Your Critical Thinking Activity!

In this activity, you will draft an essay examining the production, distribution, and transportation of products. The economist Martin Wolf asserted that energy is now one of the most important factors of production. In today's world, companies transport goods across several states and even countries using trucks, ships, trains, and planes. They might hire workers in one country to make parts and those in another country to assemble finished products. Livestock might be born in one place and transported to another location to finish growing. Food or other goods might be produced in one location and shipped to stores hundreds of miles away. In what ways do you think that the trends in agricultural and industry make energy a key factor?

Objectives

- Write an essay that discusses the location and production of agricultural and manufacturing, and the transportation of products during and after production Assignment Overview

- In this activity, you will write a single-spaced essay that is at least 1 page long.

Pacing

- This activity should take you approximately 2 hours to complete.

Activity Details

1. Search the web for information about how energy relates to modern food or manufacturing production and distribution (for example, fossil fuels such as gasoline are needed to truck food from where it is raised to the retail grocery stores where it is sold).

2. Draft a 1-page or longer, single-spaced essay considering the following:

- How is energy important to modern food and manufacturing production and distribution?

- What do you think are the benefits and drawbacks of beginning and finishing the production of food or manufacturing in different locations?

- What is the impact of transporting food and manufacturing products across the country or between countries during production and finished products to retail facilities?

3. Cite any resources, using correct formatting.

Reference no: EM131501434

Questions Cloud

Discuss the roman division of social classes : Discuss the Roman division of social classes. How did Rome attempt to reconcile these differences in law and culture?
Rescission is the voiding of an offer before acceptance : Rescission is the voiding of an offer before acceptance. The State of Maryland is part of the U.S. Court of Appeals’ Fourth Circuit.
Significant individuals or organizations : Who were the significant individuals or organizations that engaged in this so-called war?
What constitutes freedom for non-human animals : Which of the positions described above best represents your own and why? What constitutes freedom for non-human animals, specifically?
How is energy important to modern food production : AMERICAN FREE ENTERPRISE- Critical Thinking Activity: How is energy important to modern food and manufacturing production and distribution?
What are sensitivity analysis-scenario analysis : What are sensitivity analysis, scenario analysis, break-even analysis, and simulation?
Rivalry between the united states and the soviet union : How did the rivalry between the United States and the Soviet Union express itself during the Cold War?
What is the environmental concern most important to you : Do you approach it from an anthropocentric or ecocentric viewpoint and why? What are the intrinsic or instrumental values that you consider?
Antigone connect with athenian culture : How does the play Antigone connect with Athenian Culture and the battle between Sparta and Athens in the 400s BCE.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd