1. 21st Century Economic issues
When we save, we forgo the opportunity to use our income to consume goods and services. ... A major question we must all ask ourselves is: Are we willing to trade job opportunities and reduced income today for cleaner air and preservation of natural resources tomorrow? ... There are both benefits and costs from government action. ... In other words, we might have to trade off material goods and services for cleaner air and water. ... We must be prepared to make trade-offs between objectives by looking at what we lose when we take each course of action....
- Word Count: 1589
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School