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Society is changing constantly and families has different point of view of how to live their life or raise their kids. I think what we know so far as a family will change in the near future. Furthermore for my own personal experience I have seen great thing from the changes that have come over the past years to now and it was acceptable by the society however, People and society in general like good changes. My grandma at age of 13 yrs. old had kids and spouse and they used to stay home raising their kids and taking care the house, while spouse were working to bring food to their tablet and older kids in the household used to work to support their parent home too Versus now in 2016 that family are disintegrating, kids are isolating themselves from their family due to the technology and you see more divorce. I could imagine how family will be 100 year from now. I have seen that woman wants to be more independently and having kids is not their priority anymore because I feel that it won’t be no family 50 to 100 year from now. It will be a law that marriage couple are going to have 1 year marriage contract. I can say that many values come from our parents and most are very worthwhile and I pass those values to my kids and I would like to retain them, but Family values are different from culture to culture and tradition and there will be change by the time, based on these I could say that it won’t be moral and immoral activities 50 year from now. We are goings lose moral value and ethic and I will see population decrease causing higher dead and less birth because government will soon controlling family life by limit how many kids a marriage couple could have. Since technology offer a good and effectively way to keep in touch with family around the world, but I also think technology will also affect family in the household. However, technology is taking control when the one on one communication is falling apart. The social media preventing family from communicating and less interaction with family and the society won’t have too much talking. I probably happy to say that the only positive thing that I will see 50 to 100 year from now will be major diseases like Heart attack , diabetes and cancer will largely preventing by the time with new scientist and good technologies. As a family we need to know and stay focus of who we are, in what we personally think values stand for because our action won’t always stay of our deepest belief. There is gab between our life values, action and behavior and if we retain those values chances are that even though 50 year from now won’t matter how great the external rewards.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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