Economics

Economics

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It is generally considered when the economy tends to go down, the level of alcohol intake increases substantially. In addition to that, it could be said that the general nature of a human being motivates it to revert to some other level of satisfaction when it is facing turmoil. It is important to note that under the case of depression, the use of alcohol also tends to increase substantially. The majority of the cases of depression are caused by weaker economic conditions of the country as well as the lack of resources to be able to find a job or provide a living to one's loved ones. In comparison with increasing unemployment rate of the country and the rate of people going bankrupt, the economic recession tends to increase the level of alcohol intake by individuals (Mankiw, N. G. 2011). According to an economist, the issue with the increased use of alcohol is likely to affect the productivity of a worker as well as its general mindset and approach which aids in its motivation to work.

Apart from that, an economist would general consider this issue by initially describing the description of the problem which has been done in the above section. After that, an economist would analyze the situation. It is generally considered that the abusive use of alcohol is because of the lack of job security and increasing pressure on the individuals. From the point of view of an economist, it could be said that the abuse of alcohol is likely to affect the working mentality of an individual. In addition to that, it could also be said that even though the abuse of alcohol would increase the growth of the alcohol industry, it will in turn bankrupt the individual or even affect its financial condition in a negative manner. This is how the abuse of alcohol is explained by an economist. In addition to that, the impact on the economical condition of the country, due to the abusive use of alcohol is also provided by an economist.

It is important to note that some economists regard the abusive use of alcohol as benefitting, at least for some of the industries. This mainly includes the industries of alcohol as well as the industries of soft drinks. Finally, a few predictions could be made by the economist in order to determine the effect of the abusive use of alcohol and the increasing liability that it tends to highlight (Mankiw, N. G. 2011). The official statistics of the highway accidents in the United States have been relatively high and there needs to be some sort of precautions taken in order to prevent the people driving on the highways to either quit drinking or refrain from it during driving. In addition to that, another solution is provided in this context by the economists. This highlights that the laws of imposing fine as well as the liability laws in case of abusive drinking should be made stricter.

It is commonly considered that most ...