With the recent closing of yet two more mills here in Maine, Eastern Fine Paper and Lincoln Pulp & Paper, it has taken its toll on their communities as well as the State itself. Not only has it affected the workers of these mills and their families, but it has also affected other businesses and individuals indirectly associated with these mills. Due to this unfortunate economical hardship, many residents in these local areas are feeling the crunch of "hard-times-. I have seen how differently it has affected some individuals within my family. There are the individuals, such as my uncle Bobby, who had worked for these mills, some for many years. There are the employees, like myself, who were affected by the secondary impact. This includes businesses that were either directly or indirectly associated to these mills. Then there are the individuals, such as my future mother-in-law Judy, that work for the agencies, such as TDC and the Career Center, who are trying to help these dislocated workers get any additional training or give them the guidance that they need to get back into the work-force. .
The first individuals that felt the impact of this economical downfall were the workers of these two mills. I have seen the impact it has had on my uncle Bobby and his family. This man dedicated 26 years of his life to Eastern Fine, only to have the doors closed in his face. He's fortunate enough that his wife, Pam, has a good paying job working for the Veteran's Home. Nonetheless, society has made it that the man is supposed to be the provider for his family. This plays a role on Bobby's self-esteem when he has been put in this situation. He is without a job and trying to uphold what he considers his "manhood-. He dedicated a majority of his life to a company which he believed would be a stable occupation to provide for his family and where he would someday retire from. I'm sure that many people who worked in these mills thought the same way.
Due to this unfortunate economical hardship, many residents in these local areas are feeling the crunch of "hard-times-. ... Without these mills in operating status, this state, as well as the residents, are going to feel the crunch of economic hardships. ...
Due to this unfortunate economical hardship, many residents in these local areas are feeling the crunch of "hard-times-. ... Without these mills in operating status, this state, as well as the residents, are going to feel the crunch of economic hardships. ...
Most countries suffered the hardest in the mid 1930's and was considered to be a worldwide economic depression. ... They preferred to suffer the true hardship of the Great Depression in the hope that their families would suffer less. Skaret describes some of the hardships he and his friend Charlie endured as a young men after graduating from high school and attending the one-year schooling permitted by his district. ... The first hardship they really endured wasn't leaving their homes, it was when the weather was bad and they had to find shelter from freight trains in empty boxc...
The 1930's were a decade of hardships and regret for people all around the world. ... Situations occurred that made the bad economic times worse. ... As well, prairie farmers in western Canada experienced many hardships such as droughts and plagues of locusts, which destroyed their farms and livelihoods. These situations were made worse by Canadian politicians who did not know how to handle this economic disaster. They were unwilling and unable to try new solutions to solve Canada's economic problems. ...
The Great Depression was indeed the worst ever economic slump in the history of the United States. ... In this kind of hardship, nearly three fourths of all Americans had no choice but to find another means of buying things with. ... The mass speculation in the prosperity of the stock market led to the economic downfall in the end. ... The people's apathetic approach towards government, the mal-distribution of wealth at the time, and the mass speculation in the stock market all led to the economic downfall that came to be the Great Depression. ... The Great Depression was the worst ec...
Economic Situation Economic hardships began for Yemen after the unification in 1990. ... However, these economic hardships also inspired a new commitment to the planning and the development of a better economy in Yemen. ... However, the economy suffered more hardships when the 1994 civil war began. ... The economy's hardships resulted from primarily five other factors. ... Currently, Yemen is in the middle of economic reforms. ...
However, its internal state has deteriorated, causing tremendous socio-economic change in the new nation. ... This caused tremendous economic and social shifts in ideology. ... Two fundamental goals were to establish macroeconomic stabilization and economic restructuring. ... Russians at this time felt unsatisfied, especially with increased unemployment and economic downturn. ... Few people wanted to have children at this time due to economic hardships, contributing strongly to depopulation. ...
Hence the JO can be remembered as a period of hardship and horror. ... Due to the economic standstill upon the defeat of Singapore, there was more demand than supply and the Japanese tried solving this by printing banana notes which, needless to say, devalued over time as the Japanese printed more and more. ... I feel that the JO is only regarded as a period of hardship and horror as it not only affected the most people out of these three factors, but it was the root factor. Decreased quality of life was a combination of many economic factors, one of them being hardship and horror, and the f...
Reduced production of capital goods leads to a slower rate of economic growth in the future. ... The unemployed, their families, and communities suffer economic and social hardship due to loss of market income and social stigma attached to being unemployed. ... A slowdown in production of goods leads to a slow rate of economic growth in the future. The unemployed, their families and children suffer economic and social hardship due to loss of income and social stigma attached to being unemployed. The unemployed undergo financial hardships as their debt levels increase and possibly leading to ho...
