Topic: Macroeconomic objectives of governments
Unit 2: Managing the economy
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Economy
A Level Tutorial Added: Economic Growth
This is the first topic of Unit 2.
Topic: Economic Growth
Unit: Unit 2(Managing the economy)
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Violence is bad for the economy. We all have a role to play to solve the economic problems.
We have seen violent protests held in the last two days on the streets of Male’ by youths and opposition political parties.
The purpose of the protests is to express anger at soaring food prices. The protesters demanded the US$ be brought to the previous official rates of MRF12.85 per US Dollar.
Of course, everyone would like the food prices to go down, the US$ be more available at cheaper rate than now, and people love to raise their living standards. However, is violence the best way to achieve this?