What would be some negative effects that global peace would have on economics? I tryed searching what SraJMcGin had told me to do and had no luck. Any ideas would be helpful. Thank You
Would one thing be if there was global peace there would not be enough resources. ( What would be the reason for that)
No, in war time, all the resources are focused on the war effort. Society as a whole does not benefit from resources". For instance, in war time, quite often there is rationing of many items.
P.S.
The most negative barrier will be "man" himself - being the individual and not meant as a sexist remark! Sometimes the media ascerbates a problem.
As for the effect on economics. Without the "risk" factor of investments, there will be less financial gain. As for the resources - if there is overconsumption, some resources will disappear, just like the disappearance of some animals.
I'm also reading the 2nd GOOGLE Search sites and perhaps we can compare notes later?
Sra
Inquiry: What would be some negative effects that global peace would have on economics?
While global peace is generally seen as a positive goal, it is worth considering potential negative effects on the economy. One possible negative effect of global peace could be a reduction in the availability of resources. However, it is important to note that this is just one perspective and the implications of global peace on resources may vary. Let's explore this further:
One reason why there might be insufficient resources in a world of global peace is the potential increase in global demand. If conflicts and wars cease to exist, countries could redirect their resources towards economic development, leading to an expansion in industries and higher consumer demand. This increased demand may strain resources such as fossil fuels, minerals, and raw materials.
Another reason is the potential impact on the distribution of resources. In a world with global peace, there might be a shift in economic power, particularly if previously war-torn regions experience stability and economic growth. This could lead to increased competition for resources and possibly create a strain in their availability.
It's important to acknowledge that this viewpoint assumes a scenario where increased global peace leads to rapid economic development and a surge in demand. However, it's also worth considering that global peace might result in improved cooperation and resource management strategies, ensuring sustainable use and allocation of resources.
To gather more information on this topic, it might be helpful to explore academic journals, research papers, or economic textbooks that discuss the potential effects of global peace on the economy. Additionally, seeking out varied perspectives from experts in the field may provide a more comprehensive understanding of the topic.