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Thursday, January 25, 2024

Some people think that food is one of the most fundamental economic products and should be mostly produced by each country for its own consumption, with only minimal export of products to other countries. To what extent do you agree or disagree with this statement? Give your own opinion and relevant examples

Some people think that food is one of the most fundamental economic products and should be mostly produced by each country for its own consumption, with only minimal export of products to other countries. To what extent do you agree or disagree with this statement? Give your own opinion and relevant examples. 

Some people think that food is one of the most fundamental economic products and should be mostly produced by each country for its own consumption


A perception seems to be emerging fast that production of indispensable  commodities, like food, should be limited to local requirements, and trading overseas must be the last priority. Does this view hold substance or not is worthy of profound  analysis.

The notion of producing goods of  indispensible to survival of nature such as food only for consumption of local inhabitants of a country rests on the perception that implementing such a step will surely prove to be environmental friendly. This lobby suggests that attempts to attain higher yields for exporting is pushing people into using industrial techniques which primarily depend on the chemically synthesized material – in the form of chemical fertilizers and pesticides, which is causing large scale destruction and distortions of the resources and exacerbating the environmental problems.

Nevertheless, the arrangement is fraught with several pitfalls, which makes it impractical. Implementing it will inhibit economic growth since on the one hand curbing international trade will rob the exporting nation of a rich source of revenues that also in the form of invaluable foreign exchange, on the other domino effect will be felt in other sectors ancillary to farm exports that will be manifested in joblessness and lack of commercial activities.

Moreover, such implementation is bound to create chaos in regions that are completely dependent on such global trading. There are numerous geographical locations that have human settlements, but lack climatic conditions to support agriculture. Inhabitants of such areas will be bereft of appropriate amount and variety and nourishment, making life harder for them.

Overall, I completely fail to concur with this proposal since although it does have certain benefits, it is laden with umpteen number of failings, it will create unemployment and rob people of food choices, which is unimaginable in the contemporary world.

In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or negative development?

In some countries owning a home rather than renting one is considered very important. Why might this be the case? Is this a positive or nega...