Unlimited Wants & Limited Resources
By: David Kim
Rising Health Care Cost
This Article discusses about how Health Care cost in the United States are increasing rising, Which makes people not be able to afford the high priced health care. There are many causes for Health Care cost to rise. Some of these causes are, higher prices with medical services, paying for volume over value, defensive medicine, and the use of new technologies and treatments without considering effectiveness.
The Article is connected to the topic because it shows how many people want Health Care, but there are to little resources to meet these wants. This shows the reason why Health Care is rising because there are to little medical resources for all the people out in the United States.
http://www.ahip.org/Issues/Rising-Health-Care-Costs.aspx
The Article is connected to the topic because it shows how many people want Health Care, but there are to little resources to meet these wants. This shows the reason why Health Care is rising because there are to little medical resources for all the people out in the United States.
http://www.ahip.org/Issues/Rising-Health-Care-Costs.aspx
Why College Tuition Keeps Rising
According to this article, college tuition is rapidly rising in the United States. College tuition's are rising far beyond the rate of inflation at public colleges and universities. According to the college board, they say that "tuition and fees increased 5.4 percent annually above inflation in the decade since the 2001-2002 school year". This shows how there are many people who wants to attend college but there are not enough resources for everyone.
The reason for this inflation is because of how many students are trying to enroll into colleges. These colleges do not have enough resources for all these students to attend, Which makes them raise the price of the tuition. There are unlimited wants for the tuition in college but there are limited resources for them to accept.
http://www.cbsnews.com/news/why-college-tuition-keeps-rising/
The reason for this inflation is because of how many students are trying to enroll into colleges. These colleges do not have enough resources for all these students to attend, Which makes them raise the price of the tuition. There are unlimited wants for the tuition in college but there are limited resources for them to accept.
http://www.cbsnews.com/news/why-college-tuition-keeps-rising/
Rising Cost of Fossil Fuels and the Coming Energy Crunch
This article discusses about how the past century, The world economy is depending on fossil fuels. This causes the oil business to rise their cost because many consumers out in the world needs it. This also could cause a monopoly where one major oil industry can change the price however they want, because they are the only exports out their.
This rise of oil prices are occurring because how many countries want this for there society. The unlimited wants are in this as you can see but there are limited resources where the oil companies can not give it to everyone for such a low price. This makes them raise there prices.
This rise of oil prices are occurring because how many countries want this for there society. The unlimited wants are in this as you can see but there are limited resources where the oil companies can not give it to everyone for such a low price. This makes them raise there prices.