20.+Present+Day+Effects+on+the+Future+Economy

Evan Magers Carly Morrow Courtney Miller
 * Members:**

__Synopsis:__ This project was created to inform our country of the possible results of our future economy. Choices made by the leaders of our generation will have a huge impact in the future whether it is good or bad. In order for us to succeed in the future we need to make good choices now in the present for our futures.

__Essential Questions:__ 1.) Is our country prepared to handle the future of our economy? No, we aren't at all. Our country borrows too much money from other countries, and we are not prepared to handle the financial debt in the future.

2.) Are the students of our generation ready to adapt to the changes our future economy will bring? With preparation and the education that the students will receive they most possibly could be ready to adapt. Although, some are slow movers and if they are not ready that will send the whole country in a back spin and our economy could be in trouble.

3.) How will we replace manufacturing in the future? The economy has brought upon us so many new machines and careers. Everything used to be man made and machines replaced people. In the future what are our machines going to be replaced by? No one knows what our future economy will hand us, but hopefully we can prepare and be ready for anything.

Conclusion: During our period of the global economy we have learned so much. Not too long ago we were in a recession and we're slowly trudging our way out. Everything was so high priced including groceries, gasoline, electronics,etc. We've gotten through it this far and we can learn and help each other through it.

Narrative: All our lives we've been taught right and wrong. While we've been learning to do all the right things our country has been hypocritical. They have not been doing the right things for our country. We are in so much debt and it's getting ridiculous. Right now there is a very high number of money due to other countries and by the time we are old and gray it will be even higher.

**Members**: Hilary K. Janelle V.

**Techsteps Google Map** **__Synopsis:__** The purpose of this project is to explore the ways our present generation affects - and could either help or harm - the economy of the future. Everything that happens today, from the choices of our President to where you eat for dinner this evening, creates a ripple effect of change that will stretch into the ever-approaching days ahead where the children and teenagers of today are adults and attempting to create a niche for themselves in the world.


 * __Essential Questions:__**

 **2) How can we utilize sustainable technologies to stimulate the growth of our economy?**   __**Conclusion:**__ It is blindingly apparent that the world's economy is a very mutable, and yet completely essential, to our lives as part of a civilized nation. We are affected daily by the state of the economy, yet the economy is also greatly changed by our choices and the choices of our leaders - democratically elected or otherwise. The way we spend our money not only effects ourselves and our families, it alters the fates of large and small businesses alike, as well as the lives of our friends and neighbors.
 * 1) What is causing our national economy to suffer?**
 * an outsource of the United States' jobs to foreign countries
 * job loss results in limited money per family
 * a limited amount of money increases credit card debt and investment into cheaper, imported products
 * "greener" inventions and jobs
 * more efficient energy methods will effect the cost of transported products
 * 3) How is our generation contributing to the current economy? **
 * unemployed young people feed more money into imported goods because of the low cost

__**Narrative:**__ Cause and effect is a simple lesson that we have not only been taught since the early elementary school days, but something that we began observing in real-life situations as children. Sure, every so often we were warned to keep the glass of milk away from the edge of the table, but after time (and after a few spills), we realized why. Now, imagine our economy sitting at the edge of a table. Our first instinct is to push it back so it won't tip over and spill, but with at least three years of a recession under our belt, it just doesn't seem as though the glass has moved far from the table's edge. Now, there are plenty of good-souls who would be willing to push back the glass, but today, pushing back a glass full of economic figures is risky. Very risky. America's leaders, along with the world's leaders, brainstorm everyday for solutions to our economic pickle, but perhaps the start of a resolution begins with the citizens of the U.S. Perhaps something that we do each day is affecting the economy, both directly or indirectly. Maybe some part of our daily routine could be modified to improve the economic conditions of our nation. As stated by writer, physician, inventor, and consultant Edward de Bono, "We may need to solve problems not by removing the cause but by designing the way forward even if the cause remains in place."

As you already know, the United States is suffering from an economic recession and has been since the end of the year 2007. A recession is defined by Webster's Dictionary as "a period of reduced economic activity". When the Gross Domestic Production, or GDP, of a country decreases, this is usually a sign that the country is falling into a recession. But what, exactly, is causing such problems for the economy of America? The fact that the rate at which jobs are lost each month has not been steady, instead, steeply rising, effects our country greatly. As Americans lose their jobs and jobs are outsourced to other countries, money in the U.S. for citizens is limited. In this situation, people of American purchase the cheaper products, which are normally products that have been imported from other nations. Because the amount of money is low, some people resort to using credit cards constantly, in desperate situations at to pay their mortgages (which risks high interest payments). As you can see, recessions can be thought of as "vicious cycles", however, the question is, how to stop the cycle?

Energy efficiency is not only good for the planet ecologically, it's a smart idea for the world economically. New "greener" programs will create new jobs for many people around the world, giving people access to money, which they then put back into the economy. Having alternate, more plentiful and renewable sources of energy would reduce the price of gasoline, causing the prices of the items transported to decrease. Countries around the world seem to be competing for the best, most reliable methods of sustainable technology. Although it may be a big price tag, the chances of discovering and inventing new technologies are chances worth taking for the sake of our economy.

Our generation effects our nation's economy both positively and negatively. Young people our age are not always employed, which means cheaper is often better in their case. However, the majority of cheaper products are imported from other countries because of inexpensive labor and low production costs. Also, as sons and daughters, our parents have the opportunity to receive child credit checks, with government intentions of feeding money back into the economy of the United States.

In conclusion, each one of us can play an important part in our nation's economy. Throughout the future, hopefully the sustainable technologies and methods invented will be taken advantage of and used positively. After all, someone has to keep the glass from tipping over.