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Author Topic: What are some not so obvious things that damage a country's economy?  (Read 6505 times)
koch44
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October 21, 2019, 01:21:07 PM
 #141

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?

The weather or pollution. Clean countries seems happier, like Switzerland, Sweden, Norway etc. Clean countries happen also to be richer. So this goes hand in hand.

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October 21, 2019, 02:57:23 PM
 #142

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?

The weather or pollution. Clean countries seems happier, like Switzerland, Sweden, Norway etc. Clean countries happen also to be richer. So this goes hand in hand

And do you happen to know why?

Because they have either moved most of their industrial complex to countries which are poor or been able to shut it down completely by exporting things from those poor countries. Note, I don't make a value judgment here as this is how things stand in a world like ours

In other words, this cleanness is definitely at someone else's expense, whether we like or not. And while we are at it, Europe is the most suicidal region in the whole world (with Scandinavian countries closer to the top of the list). So much for "happiness" (perhaps, they feel guilty, or something)

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October 21, 2019, 04:15:48 PM
 #143

In other words, this cleanness is definitely at someone else's expense, whether we like or not. And while we are at it, Europe is the most suicidal region in the whole world (with Scandinavian countries closer to the top of the list). So much for "happiness" (perhaps, they feel guilty, or something)

Suicidal goes by how dangerous life is. In countries where is war or lot of criminal and poverty no one will suicide. Because they see dying and what comes with that all the time. In countries with high living standards there is tones of suicides, because people simply dont cherish the life.
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October 21, 2019, 06:48:12 PM
 #144

If a person brings harm to himself, then this is his personal business, if only his actions would not harm others.  In turn, I would single out very dangerous phenomena for any state and its economy, and first of all it is corruption of officials and unprofessionalism of the government.  This is the most important reason for the poor state of the economy and the lack of social benefits for citizens, even the working class, of any country.

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October 21, 2019, 06:50:12 PM
 #145

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.
They will be ill and use medical services, but at the same time, many of them will not be able to work and will be treated at home. Same thing with alcohol. Addicted people buy it constantly, but because of this bad habit they lose their jobs. Hence the harm to the economy.
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October 21, 2019, 07:19:05 PM
 #146

The OP is thinking is very far fetched , if you are thinking of those things then we can talk about mental health as well.
If the schools are not teaching to kids to do sports on daily basis, to be active and so on then children have higher possibilty to develop addictions and mental health problems which leads to smaller productivity and bad economy Smiley

but something more solid and overlooked in my mind is high and complicated TAXES on small companies and individuals which discourages them to start bussines and pay their taxes.

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October 21, 2019, 08:09:48 PM
 #147

"Free" stuff. Imagine where all that have to come from. The government isn't exactly good when it comes to spending money and they end up trying to fill a bottomless pit. They'll just throw more money at non-performers.
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October 21, 2019, 10:55:03 PM
 #148

"Free" stuff. Imagine where all that have to come from. The government isn't exactly good when it comes to spending money and they end up trying to fill a bottomless pit. They'll just throw more money at non-performers.

Correct,government has so many projects which are redundant or not really needed.Like a road being replaced eve that road  still looks new and  being used. They are doing this because of projects. When there a project, there is a budget, a money going out from government coffers, and lastly there is a commission or kickback.

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October 21, 2019, 11:17:33 PM
 #149

"Free" stuff. Imagine where all that have to come from. The government isn't exactly good when it comes to spending money and they end up trying to fill a bottomless pit. They'll just throw more money at non-performers.

Free stuff doesn't mean a bad thing in many cases, if a government can manage its resources to increase the GDP growth then it's not a problem, that's what every government should do.
But the most problem in many governances, there are corrupt people who always think to enrich themselves, that's where the problem starts.
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October 21, 2019, 11:53:52 PM
 #150

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 am thinking about the same thing too. The morbidity rate increases as people keep on tolerating unhealthy lifestyle through patronizing and abusing fast food chains which has all the most unhealthy foods in the world due to the additives being inserted on it. I think if we are going to promote proper orientation on how to have a proper lifestyle and also a proper mindset in business, we can help in raising the economy of our country. Most of the people nowadays spent most of their time in social media and I think that needs to be regulated too for the country to improve.
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October 22, 2019, 12:26:25 AM
 #151

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?

Economic growth is associated with progress and advancement. It is a capacity of an economy to satisfy individuals necessity by producing enough products and services, thus, government and those individuals plays a vital roles as well. Enhancing tax revenues would help government for further economic development and as well by continuously coming of foreign investors would be a big help, and lastly is the good review of politics to attract more citizen to participate in such advancement.

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October 22, 2019, 10:07:51 AM
 #152

If a person brings harm to himself, then this is his personal business, if only his actions would not harm others.  In turn, I would single out very dangerous phenomena for any state and its economy, and first of all it is corruption of officials and unprofessionalism of the government.  This is the most important reason for the poor state of the economy and the lack of social benefits for citizens, even the working class, of any country.
basically every economic system is well regulated and all happens because the intention and purpose of the individual itself as well as the crypto currency was created to keep abreast of the times and technology but the intentions and goals of its users are bad for personal gain and harm to others may be the reason the government has not yet fully legalized crypto as the prevailing currency

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October 22, 2019, 10:19:08 AM
 #153

"Free" stuff. Imagine where all that have to come from. The government isn't exactly good when it comes to spending money and they end up trying to fill a bottomless pit. They'll just throw more money at non-performers.
For keep up the ruling power during elections parties used to give more and more freebies. Apart from this the election reports from every party will have some freebies announcements if they win in the election. By the time they never care about the education quality, the health care, or the employment opportunities. This affects the economy, better is to spend those fund for freebies into education and other basic needs that uplift each and everyone's life.

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October 22, 2019, 11:45:57 AM
 #154

"Free" stuff. Imagine where all that have to come from. The government isn't exactly good when it comes to spending money and they end up trying to fill a bottomless pit. They'll just throw more money at non-performers.
For keep up the ruling power during elections parties used to give more and more freebies. Apart from this the election reports from every party will have some freebies announcements if they win in the election. By the time they never care about the education quality, the health care, or the employment opportunities. This affects the economy, better is to spend those fund for freebies into education and other basic needs that uplift each and everyone's life.
The mistake there is not the freebies that they are giving away to the people or to the voters but the lack of awareness of the voters for voting those officials just because they spend some of their money into freebies. We should vote wisely and we should really see the election as a form of investment for the community and with that said, we should check all the background information about the official so we can make sure that they are good and not just a fake person who is trying to get into the position to steal some people's money.

 
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October 22, 2019, 11:55:24 AM
 #155

I think fast food does not make a country's economy damaged, I actually see that having a restaurant like that will make eating easier and what makes the country damaged seems to be debt, when the country's debt is very certain the country's economic condition will be damaged.
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October 22, 2019, 12:18:37 PM
 #156


Correct,government has so many projects which are redundant or not really needed.Like a road being replaced eve that road  still looks new and  being used. They are doing this because of projects. When there a project, there is a budget, a money going out from government coffers, and lastly there is a commission or kickback.

Like road widening in a provincial land which barely cars passed by, that causes houses to be demolish? Why not in urban place. It is like shotgun project just to have government project as well to have a commission. The economic progress of the country will depend on governments project to lessen the problem not to add a problem. There should be solution first in existing problems so they can move forward to another plan, but they tend to escape it and do other project to mislead the project. The use of government fund should be address to solve economic issues.

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October 22, 2019, 12:28:13 PM
 #157

In other words, this cleanness is definitely at someone else's expense, whether we like or not. And while we are at it, Europe is the most suicidal region in the whole world (with Scandinavian countries closer to the top of the list). So much for "happiness" (perhaps, they feel guilty, or something)

Suicidal goes by how dangerous life is. In countries where is war or lot of criminal and poverty no one will suicide. Because they see dying and what comes with that all the time. In countries with high living standards there is tones of suicides, because people simply dont cherish the life.

Suicide is low in the UK and in Greece, which indicates it's down to culture. The UK is a chatty country where people talk to strangers all the time. Greece is a country with a strong family culture.

Scandinavia doesn't have a strong family culture, and people there tend to be reserved and not as chatty or friendly as the Brits. So loneliness is a thing. Suicide is a function of loneliness.

 
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October 22, 2019, 02:12:41 PM
 #158

Stingy lifestyle or diligent saving it also contributes to the economic stagnation of a country, especially in the digital economy era as it is today. The use of smart phones and the internet is very high.

From a microeconomic perspective, saving is good because wealth can accumulate, but in the macroeconomy, this is not right on target because people are encouraged to behave in a consumptive manner so that the economy continues to spin. Economic growth can be supported by consumptive behavior, this behavior can push elements of the economic elements into operating, living and developing.

If the people are stingy and always save then the industry and services do not develop because they do not have a market. Consumptive behavior creates a market for businesses. In some countries the nature of mass consumption transactions is that the nominal amount of the transaction is small but the volume is usually used for food purchases and basic needs and payment for transportation services.

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ufaiz50
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October 22, 2019, 03:28:02 PM
 #159

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?
The economy in your country go positive way, maybe by using local products. So whatever you do, use local products, so that the selling value of your country's economy goes up.

Trivial things that have an impact on the economy, maybe people who prefer to play games or social media and other things that make unemployment increase. High unemployment rates can destroy the economic aspects of the country.

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October 22, 2019, 03:30:40 PM
 #160

In my own personal opinion, the not so obvious things that damage a country's economy is population growth or human overpopulation because some people do not care about the increase of number of people who lives in a country which can lead to a problem like increased in immigration, unsustainable biomes and depletion of resources, that is why we should control our population or limit giving births by making a law like one-child or two-child policy.
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