• Want to take part in this year's BoS Trials event for Maths and/or Business Studies?
    Click here for details and register now!
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page

i need help...essay question (1 Viewer)

omgla

New Member
Joined
Jul 20, 2006
Messages
3
Location
Perth
Gender
Male
HSC
2007
"explain how new mining project will eventually lead to an increase in the level of incom in the economy?'"

i suggest somthing to do with "multipler effect"?
 

ScottyG

Victory is mine.
Joined
Nov 6, 2004
Messages
324
Gender
Male
HSC
2006
That's the entire essay question? :S

Does the question say 'new mining project*s'?

Well, I guess you could use the multiplier effect to explain how an injection of spending and investment in new mining projects will lead to a disproportionate increase in national income, as spending tends to stimulate a cycle of further spending.

But a whole essay? Jesus :S
 

P_Dilemma

Extraordinary Entertainer
Joined
Oct 18, 2004
Messages
752
Location
The Void
Gender
Male
HSC
2006
New mining project will create new jobs, and thus people will get an income, adding to the nations income.

Secondly, whatever the mine is mining will presumably have a value and be sold, wither domestically or overseas. It is not important wheter what is mined is gold, diamonds, salt or guano. If it can be sold, it will contribute to income.

Add Without Wings's material, and you might have yourself an essay. Cuz otherwise i cant see how you can write 2 pages for this question. Essay, my butt...
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top