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In: Economics

Write a letter to your national senator explaining your ideas to create economic growth that is...

Write a letter to your national senator explaining your ideas to create economic growth that is sustainable and creates good-paying jobs for younger workers. Some politicians have proposed equal access to education, training and health care. Do you have other ideas? List three proposals and provide supporting arguments

Solutions

Expert Solution

Three proposals to create economic growth that is sustainable and having good opportunities for young people are:

1) Focus on equal distribution of resources which will help develop backward and remote areas also at the same rate. This will also focus on reduction of inequality in the economy and provide people of all areas equal chance to progressz

2) Less use of scarce resources like fossil fuels. The focus of the economy should be on the use of renewable resources for having more sustainable growth. This will cause less damage to the environment and provide better opportunities for the people of future generations to grow.

3) Development of efficient technology which will reduce wastage in the economy. This will lead to sustainable economic growth. Also technology will help young people to get better training and become more productive so that they can earn more. Effective technology will also help in reduction of cost of production to increase the profit and earning rate.


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