Tuesday, September 27, 2011

6.01 - Economic Relationships

Define the situation or problem.
There are a great number of animals that have no homes, left to wander the streets to fend for themselves. Being animals, they will reproduce, bringing about more homeless animals. These strays can affect every single part of our lives.

Construct a circular-flow diagram that incorporates effects of your chosen issue on economic products and various sectors of the economy.
Because of strays, the following parts of our economy may be affected:
·Households/Local Resident - possible injuries, property destruction, and contamination from waste; otherwise, more options for pets
·Area Businesses - strays may make their "homes" under and around businesses, causing fowl odors and messes that could be bad for businesses
·Government - every year, millions of tax dollars are spent on either care for these strays, or ways of destroying them
·The Rest of the World - the United States is not the only country that has to deal with overpopulation of animals; also, other countries can trade with the United States for products to help anesthetize or even euthanize animals.
·Resources - animals have the ability to damage natural resources, such as Florida's orange groves
·Goods and Services: this does mean that veterinarians can get more business fixing animals or putting them to sleep
·Finances: money may be borrowed for companies to buy products with which to deal with stray animals or unwanted pets


Sites Used
·http://www.humanesociety.org/issues/pet_overpopulation/

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