Question

How has the ‘new economy’ produced challenges for young people transitioning to adulthood? How will life and retirement look in comparison to their parents?

Consider your daily coffee. How far does it travel and how many workers see it before it’s in your mug? What does this process tell us about global inequality?

Answer 1

- The time of youthful adulthood has transformed significantly in the course of recent decades. Today, researchers allude to rising adulthood to portray grown-ups in their 20s. Drawn out youth has brought corresponding delayed parenthood.

- Progress in parent/youngster ties, expanded (a) contact between ages, (b) support from guardians to developed kids just as coresidence and (c) friendship between the ages.

- To contemplate getting ready for retirement in the U.S. nowadays relies especially on who is doing the considering. From one perspective, there is extraordinary opportunity over the when and how of it. Some resign and locate a subsequent profession, or move into an open assistance period of life. Others are deciding to never resign.

- Age segregation makes getting or keeping a line of work after 55 harder than any time in recent memory, and a shockingly enormous cut of the populace hasn't put aside a satisfactory retirement fund.

- Social Security is deficiently supported; characterized advantage annuity plans have everything except vanished; and the administration's protection program intended to take over for bombed characterized advantage benefits plans is itself under-promoted.

- Considering all these factors it looks individuals need to work longer and they need to be profitable and be utilized longer.

- With respect to coffee before it reached to my cup there are numerous people involved in the process e.g. bythe time coffee beans are planted, picked and bought, they experiencelot of process and people in the process like Planting , harvesting and processing by many people , and drying the beans by different set of peole, movement of the coffee from pants and factors to tasting centers then follows the roasting, gridning and brewing. This all shows that there is huge supply chain and no of labourers inovled and the inequality is increasing a lot.