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Winners and Losers of Changes in Socio-economic Events

From an economic stand point, determine the winners and losers for the following events and trends:

1. Hurricane Katrina.
2. The influx of illegal immigrants in the United States.
3. The 30% high school dropout rate in the United States.
4. The aging population in the United States, Europe, and China.
5. The rising price of oil worldwide.

Solution Preview

From an economic stand point, determine the winners and losers for the following events and trends:

1. Hurricane Katrina.
Winners: Construction industry
Losers: Ultimate consumers, fixed salary earners

2. The influx of illegal immigrants in the United States.
Winners: Businesses - ...

Solution Summary

This solution specifies the winners and losers of the following events and trends: Hurricane Katrina, the influx of illegal immigrants in the United States, the 30% high school dropout rate in the United States, the aging population in the United States, Europe, and China, and the rising price of oil worldwide.

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