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To fight overweight and obesity. Our weight and habits will affect how we perform in school. Even more schools have to follow the laws and if a law is passed that requires schools to implement healthier food they will have to abide.
Answer:
Prices are often volatile due to inelastic demand. e.g if there is a ‘good harvest’, supply will increase and there will be a fall in the price of primary products. However, because demand is inelastic, this would lead to a fall in revenue.
coffee-supply-price-growers
The volatile price of coffee – can make planning difficult.
Supply can also be volatile due to weather and disease. For agricultural crops, there is always a risk of crop failure, which could cause economic hardship in one particular year.
Limited resources. One day developing economies may run out of its finite primary products, e.g. precious metals could become scarce. Without diversification, this would leave the economy with a void.
Discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute towards a lack of investment in other aspects such as education and industrial production. Comparative advantage can change over time. It’s important to not just look at the present comparative advantage, but prospects for next 10 or 20 years.
There is a low-income elasticity of demand for primary products. With a rise in global income, there is a proportionately smaller percentage rise in demand for primary products. (agricultural products tend to be income inelastic). Therefore, if you produce primary products, you may see lower rates of economic growth than countries who produce manufacturing goods – which are more income elastic. The Prebisch-Singer hypothesis suggests that countries who concentrate on primary products are vulnerable to a declining terms of trade.
There are 5 points
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Answer:
stratification is characteristic of the society rather than reflection of the individual differences.
Explanation:
Social stratification means that the categorization of the society into particular groups which may be based on the socioeconomic factors like wealth, race, education, social status or income.
In the given question, it is mentioned that systems of stratification is a reflection of the individual differences such as on the basics of color or wealth.
The counterpoint to this argument can be:- <u>Stratification is characteristic of the society rather than reflection of the individual differences.</u>
<span>Britain had a rapidly growing population that provided a ready supply of industrial workers with few alternatives available to them.</span>
