Friday, December 2, 2011

Weekly Homework Assignment 8





Focus Article



CNN
To Afghanistan, on the slow train by Tim Lister
U.S. Troops stationed in Afghanistan get the nation back on its feet again, with conflict and death a major part of a soldier’s life, you’d think importing and exporting goods would be the least of their worries. The United States has faced many difficulties getting supplies to their troops in Afghanistan because of the many border laws. They must go through several countries to be able to deliver the necessities of war, such as food, water, medical aid, and even weapons.  I chose this article for my focus article because it deals with a vital part of economic geography – trading. America must have good relations with Uzbekistan, Russia, and many other minor countries surrounding the Afghanistan area into order to provide them with the best trading route

Article Summaries




CNN
Japan Eats: Thirsty in Japan? Ask a machine for a drink
Japan has become well-known for their bizarre and vast amount of vending machines in recent years. They range from dispensing the normal food/drink products, to dispensing bicycles and umbrellas. These advancements in technology are a symbol of the fast paced nation that Japan has evolved into.

NBC Nightly News
Jobless rate falls to 8.6% with Brian Williams
The unemployment rate dropped from 9% to 8.6% unemployment. This is the lowest percentage of unemployed Americans in over 2 years. Statistics show that 120,000 new jobs opened up within the last month, but economists say that this isn’t necessarily a good thing. A third of the jobs are temporary jobs in the retail department. A large amount of these jobs are for low paying blue collar jobs, and the amount of white color workers has largely decreased.

The New York Times
Syrians Say They Are Feeling the Grip of Sanctions By Neil MacFarquhar
Citizens of Syria are experiencing economic problems due to their countries sanctions. These sanctions prevent business owners from making their own decisions for their finances. These sanctions also prevent money from being transferred out of the country, so employers are finding it difficult to pay their staff.

The Washington Post
Euro program at IMF could spread rescue risk worldwide by Howard Schneider
With many of the European countries in debt, they are looking for a way to loan money without burying themselves deeper. The European countries depend greatly on one another, so when one fails, it brings the others down with it. The IMF hopes to help failing countries out of their recessions by using loans from other affected countries.

Reflection
This week we have been learning about Economic Geography and how it causes countries to rely on one another. America, for example, is dependent on many other countries for it's oil. Each nation has some sort of resource it can use to it's advantage. Japan has human resources, Russia has natural resource...etc. Each of us must partake in this Global Market to sustain our civilization.


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