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Author Topic: What are some not so obvious things that damage a country's economy?  (Read 6505 times)
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August 29, 2019, 07:29:07 AM
 #121

Social media and other addictive Internet sites - people are constantly glued to them, even on their work, which decreases their productivity. Social media also cause depression in many people, because they not only procrastinate, but also constantly compare their life to others, which leads to dissatisfaction. Also social media are good at spreading lies and fakes, which can have negative effects on the economy - anti-vax panic, anti-GMO, political manipulation and so on.

The internet or social media should be able to provide a positive influence on the country and in my opinion this has been proven in several countries with the emergence of many new entrepreneurs who open online shops. The internet or social media should not reduce the level of productivity because the aim is to speed up access and transactions

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August 29, 2019, 12:00:16 PM
 #122

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?

fake news, biased news and news that push a certain propaganda etc... it can cause division to the citizen, can affect certain company
and may lose investors and other stuff. theses things can affect the economy. the effects may not be big but it is still able to affect the economy
in a bad way.
Agree, you know why a country's economy is deteriorating, currency rates are falling and there are many other problems. one of them is because of the country's political problems, the many divisions, propaganda and other internal problems in that country. look at some Asian countries that have horizontal problems, or vertical problems between the government and the people. it will make investors hesitate to enter the country so that the country's economy is weak
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August 30, 2019, 03:13:32 PM
 #123

The internet or social media should be able to provide a positive influence on the country and in my opinion this has been proven in several countries with the emergence of many new entrepreneurs who open online shops. The internet or social media should not reduce the level of productivity because the aim is to speed up access and transactions
Social media has its positive side also, we have some people that just like to cling on the negativity when they see it, like my brother up there said, social media should nor cause depression for people became use you are seeing the lifestyle others are living, one thing that people should understand is that we have so many fake lives on social media, and the real them is not what they portray, and when you see the real them, you will realize that your own life is even better. 

When we use social media, we should only use it for news purpose only and we should always filter or verify whatever news we see. I know that social media has really caused lots of war within country because of the utterances of some media, but we can chose to just ignore it, it is just the human factor and reasoning that is affecting those that are making social media news affect them.
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August 30, 2019, 03:29:20 PM
 #124

I think some of the people who are playing games. In our country, there are a lot of people that have their own android phones and just play online games all day out. That affects the economy since the unemployed is increasing. If we can tell this people to start finding a job, maybe a simple job for starters, I guess that would be a great help.
Not that because they are unemployed in which affecting the economy also the effect of over exposure in gadgets that may cause sickness to them and after being infected then will ask for government assistance things that can be prevented if they have a regular job and not playing games continuously.



Also for me what affects the economy is the Cigarette smoking,because the government look for tax but the health issue coming from cigarettes is not accounted in which brings lot of money spender just to cure those have cancers and any related sickness from smoking

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August 30, 2019, 04:01:00 PM
 #125

Social media and other addictive Internet sites - people are constantly glued to them, even on their work, which decreases their productivity. Social media also cause depression in many people, because they not only procrastinate, but also constantly compare their life to others, which leads to dissatisfaction. Also social media are good at spreading lies and fakes, which can have negative effects on the economy - anti-vax panic, anti-GMO, political manipulation and so on.

The internet or social media should be able to provide a positive influence on the country and in my opinion this has been proven in several countries with the emergence of many new entrepreneurs who open online shops. The internet or social media should not reduce the level of productivity because the aim is to speed up access and transactions

Well, the idea is the connectivity of each and everyone on the planet and that might be the reason why a lot of people are getting hooked by it. Trends, and that is why instead of being productive, they use it to make memes, videos that usually don't have that much of importance.

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August 31, 2019, 12:01:52 AM
 #126

It's kinda hard to find things that impact economy indirectly in a positive way lol. I can list many things that affect in negative way, but for the positive one i can only think of the awareness of how important investment or saving is. Many people still don't realize this. They never save or invest their income, and just let them gone worthlessly. Although actually, if they invest or save, it'll be great for their future as well, and of course, it will surely help our economic growth and development, there will be more business and jobs, and it may attract foreign investor as well. But still it can be a backlash if people tend to save or invest a lot, and refrain them from consuming or buying things. It might be a bad effect for the economy if people just save/invest and not spending their money. The economy circle may be dead.

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September 05, 2019, 07:21:38 AM
 #127

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?
I think it is human consciousness of the environment and a sense of behavior.
Environmental awareness is very important, if people are highly aware of this, they will avoid using plastic and other non-biodegradable stars for thousands of years. It will save a lot of government spending. Besides, it will also reduce deforestation to make wooden statues and our world will gradually go up and also economic.

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September 06, 2019, 07:35:39 AM
 #128

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?

Pollution is what comes to my mind regarding indirect damage to the economy. If pollution is severe, the government would have to waste TIME and MONEY in order to address such problem, which the funds could have been used for some other lawful purpose.
Another damage would be traffic. According to CNN, traffic in the Philippines has caused more than P3.5 billion loss per day ($67 million)1. That data alone can sufficiently damage the economy of the country, considering that most third-world countries suffer from this problem.

In order to address these issues, almost all stems from the discipline of each individual. If people show their love and respect to the country, I doubt that they would do the slightest damage (such as throwing candy wrappers on the streets, etc.) that would eventually pile-up.



1 https://cnnphilippines.com/transportation/2018/02/23/JICA-P3.5-billion-traffic.html

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September 08, 2019, 07:59:18 AM
 #129

   What damage the economy of any country is corruption, nothing else. We all pay taxes, taxes should be used for improving
government services. On what you are spending money it`s not so important, as long as you are spending. It`s economy,
money needs to flow. Corruption slows economy cause in that case money stops flowing at some point and end up in pockets
of just few people, instead to serve to all.
   All not so obvious things that damage economy are connected with corruption in some way, economy is arranged but some
don`t follow the rules, they just want to get rich and that is the most destructive thing that damages everything around.



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September 12, 2019, 10:15:35 PM
 #130

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?

Pollution is what comes to my mind regarding indirect damage to the economy. If pollution is severe, the government would have to waste TIME and MONEY in order to address such problem, which the funds could have been used for some other lawful purpose.
Another damage would be traffic. According to CNN, traffic in the Philippines has caused more than P3.5 billion loss per day ($67 million)1. That data alone can sufficiently damage the economy of the country, considering that most third-world countries suffer from this problem.

In order to address these issues, almost all stems from the discipline of each individual. If people show their love and respect to the country, I doubt that they would do the slightest damage (such as throwing candy wrappers on the streets, etc.) that would eventually pile-up.



1 https://cnnphilippines.com/transportation/2018/02/23/JICA-P3.5-billion-traffic.html

To add up about the pollution thing PH starts to ban out use of plastic https://news.mb.com.ph/2019/07/04/days-of-single-use-plastic-to-end-with-approval-of-pangilinans-senate-bill-40/ and as you said when pollution is sever it do really give some headaches and expense on how to clean or resolve it up. Money or allocated budget is the primary thing to be affected.This might not give out too much concern or focus but it is silently affecting ones economy.


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Vishnu.Reang
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September 13, 2019, 05:21:34 PM
 #131

Uncontrolled rise in population can be the most harmful factor in a country's economy. My country is having a population of 1,350 million and another 20 to 25 million people are added every year. The population density has crossed 1,000 people per sq km in many of the states and a large part of the population lives in the urban slums. Unless this issue is resolved, there can never be permanent economic growth here.
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September 29, 2019, 07:01:12 PM
 #132

It all depends on the type of country. If we take the dictatorship, then it will bring harm to smart educated people who can change something, if a democratic society, on the contrary,
ignorance and ignorance will make people stupid and easily amenable to other people's influence, which can harm the country's economy.


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September 30, 2019, 07:42:22 AM
 #133

Uncontrolled rise in population can be the most harmful factor in a country's economy. My country is having a population of 1,350 million and another 20 to 25 million people are added every year. The population density has crossed 1,000 people per sq km in many of the states and a large part of the population lives in the urban slums. Unless this issue is resolved, there can never be permanent economic growth here.
Rapid growth in population can really become a not so obvious but most damaging on a country's economy. Having a lot of population in a country but if the majority is not productive then it will just suck up all the potential of a country. Each and every country should implement a mandatory family plan so they can prevent over population.

 
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September 30, 2019, 08:50:08 PM
 #134

The over use of indulgence in social media, internet, and corruption is what damages most countries. The latter (corruption) can be said about most countries in Africa where sitting presidents steal monies from the public purse of the country. Social media and the use of the internet is also being abused off late. People spent productive hours on social media and this affects the production of any company in which these individuals found themselves in.




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DaftAjax
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October 01, 2019, 04:20:12 AM
 #135

Social media and other addictive Internet sites - people are constantly glued to them, even on their work, which decreases their productivity. Social media also cause depression in many people, because they not only procrastinate, but also constantly compare their life to others, which leads to dissatisfaction. Also social media are good at spreading lies and fakes, which can have negative effects on the economy - anti-vax panic, anti-GMO, political manipulation and so on.

I totally agree with everything you've said. But on the contrary, I would rather say do not detach them from social media and other addictive sites and utilize it or convert the norms of these platforms to a more productive environment. Social media for one is a powerful thing, but most people are misled by its true use. As you said, it causes a lot of problems, the majority of its users derailed others from reality. But if somehow we can turn this around and make this platform be useful for the country's economic development or even individual's productivity, we wouldn't be having the impression like this. The users are the problem, not the social media per se.

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October 01, 2019, 05:20:10 AM
 #136

In my regional part of my country, youth don't like to learn a skill but will want to live a good life by partying and trying to be a musician, sometimes taking to social vices that harm them and their immediate neighbor. This make them economically disadvantage and become a nuisance to the society, thereby causing some economic damage. Some of them just gamble away their lives.
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October 01, 2019, 05:25:48 AM
 #137

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?
Talking about the economy as whole and seeing this thread in economics section I would say something related to Economics. So basically we all know all our lives we have been listening save save save. While saving is good at individual level it is drastic for economy as a whole. The amount savings which goes to your piggybank instead of bank is the money permanently blocked from the economy. This is out of circulation until you spend or invest it. This makes the aggregate supply in the economy weak there by leading to inflation over time. Even investment in jewelry is considered such leakage from supply. So it's not quite obvious thing affecting economy as a whole.
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October 01, 2019, 06:04:22 AM
 #138

From OP's example,if people get less healthier and getting sick from time to time then it will make the economy more stronger only because people have to take medicine too often if they fall sick too often and many countries still have high tax rate for the medical products as well so governments will make more money but the people will be still in poor.

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barabarian1
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October 21, 2019, 05:21:37 AM
 #139

Social media and other addictive Internet sites - people are constantly glued to them, even on their work, which decreases their productivity. Social media also cause depression in many people, because they not only procrastinate, but also constantly compare their life to others, which leads to dissatisfaction. Also social media are good at spreading lies and fakes, which can have negative effects on the economy - anti-vax panic, anti-GMO, political manipulation and so on.

I agree with you that social media and the internet currently take up a lot of people's time. addicted to social media can reduce work productivity. makes people lazy to work. and the internet is the largest source of pronunciation. pronogafi can damage the brain of children and adolescents. if the next generation is damaged, the future of this country will be threatened. and also social media is often used to spread hoaxes and means of fraud. of course this will have an impact on the country's economy.

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October 21, 2019, 06:06:06 AM
 #140

Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?

I totally agree that not eating right can indirectly contribute to economic problems. Other things people hardly take notice of is negativity especially negative news. Avoid negative news as much as you can. Put your mind on positive things that matter.
 You could check the news headlines once in a while but don't dwell on the contents. If you must read news, read those that do not cause you to hate things you do not understand.  Read news that have balanced reportage... not those pretending to be balanced. Hate and Bitterness blind people from truth. When you're told somebody is evil by media, hear from that person before jumping into conclusion. Do thorough investigation. Your investigations will always surprise you. When most people on earth begin to investigate news before believing, we will probably experience some peace in this world.

 If you can handle negative news that's fine.
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