ASSIGNMENT#

Canites, Shawn Nehemania S. Prof. Ma’am Divina

BAPA-3B

HOW IMPORTANT IS ECONOMIC IN HUMAN LIFE

Economic is Human Life is very important because human wants for goods, services and
resources. Resources such a labor, tools, land and raw materials, but the big fact is the resources
is limited like for example supply of energy, water and goods, but people within the country
resources use it too much because of needs and wants, then after that little by little we can feel
the scarcity due to satisfy unlimited human wants. It means our lives are also affected by
macroeconomics such as inflation, unemployment, interest rate and etc. Added that the best
opportunity is to choosing next best alternative in order to produce goods and services like our
country need to export and import goods and services to support economic growth. Economic
affect human life by the movement of money, goods from individual to individual has an effect,
like for example what you eat, what you wear, education fee, bills in energy and water etc.
Another human life affects economic by the corrupt govern cause for me as long the government
has billions debt in our friendly country our economic become loss, we experience poverty, poor
education, unproductive resources and all the production of legal goods and services result of
taxes should be paid. When you ask me about economics, I respond that it deals with interest
rates, financial crises, poverty, etc. as well as graduate salaries, unemployment for graduates, and
even student debts. Economics has a significant role in our lives as students or ordinary citizens
because it raises awareness. I can help our economy and resources by save energy and finding a
solid job as soon as possible to avoid becoming toxic to society.