All Life is Economics
The saying "All Life is Economics" plays a very big role in everybodys life. It affects you through your schooling and through what you want to be when grow up. Economics is basically decision making. The term "All life is Economics" is completely true no matter what we do in life.
I am going to a city college to get my basic ed. out of the way. I have to be able to pay for this city college so therefor I have to think Economically while doing this. Once it is done I will be transferring to a bigger and better college. This will be more difficult to pay for but I will then look into stuff such as Financial Aid, scholarships and student Loans. All of these things will help me through my college life.
All through life you will have to give something up to get another thing. For example a few years back a guy was selling a Volkswagen bug. We looked at it and we asked him why he was getting rid of it and he said I want a boat and the only way he could get a boat is if he got rid of it. So he chose that he rather have a boat than that bug. People do this through everyday life, they might notice it they might not. The descions that people make will play an important role in there life.
When I am done going through school I plan to marry and have Kids. These two things are probably the biggest Economic decisions in your life. The kids require a lot of money and you might have to give something up that you do not want to be able to give them what they want. As an example you might want to get a new car but your kids need something or your wife does you might want to hold off for that new car to and make your wife and family happy. So you will have to make decisions all through your life, most of them will effect your life maybe in a good way or maybe a bad way.
In this essay I described what Economic is and why we need it in our everyday life. "All life is Economic" is completely true, you make decisions based on economics and that is how you live your life.
I am going to a city college to get my basic ed. out of the way. I have to be able to pay for this city college so therefor I have to think Economically while doing this. Once it is done I will be transferring to a bigger and better college. This will be more difficult to pay for but I will then look into stuff such as Financial Aid, scholarships and student Loans. All of these things will help me through my college life.
All through life you will have to give something up to get another thing. For example a few years back a guy was selling a Volkswagen bug. We looked at it and we asked him why he was getting rid of it and he said I want a boat and the only way he could get a boat is if he got rid of it. So he chose that he rather have a boat than that bug. People do this through everyday life, they might notice it they might not. The descions that people make will play an important role in there life.
When I am done going through school I plan to marry and have Kids. These two things are probably the biggest Economic decisions in your life. The kids require a lot of money and you might have to give something up that you do not want to be able to give them what they want. As an example you might want to get a new car but your kids need something or your wife does you might want to hold off for that new car to and make your wife and family happy. So you will have to make decisions all through your life, most of them will effect your life maybe in a good way or maybe a bad way.
In this essay I described what Economic is and why we need it in our everyday life. "All life is Economic" is completely true, you make decisions based on economics and that is how you live your life.
posted by Allen's Blog at 2:23 PM
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