Tuesday, February 1, 2011

Research

http://www.telegraph.co.uk/finance/economics/2791256/Global-food-supply-is-a-growing-problem.html
Research on: Global food supply.

Due to all the complications that scarce food supplies have caused, farmers and food manufacturers are taking the problem seriously. Prices have increased in an unbelievable way, people are desperate, rioting and fighting for food. But the more that people demand food, the more supplies drop, leading to a circle.

Instead of using the few resources left, people abuse them and waste them in other things, like crops that are used for fuel instead of food and farmers being more and more out of their element because of the increasing urban change.


http://useconomy.about.com/od/commoditiesmarketfaq/p/high_oil_prices.htm
Research on: Oil Prices

One of the reasons for higher oil prices is the economic crisis that the country is going through. The value of oil had to be increase to leave better profits. The funds for oil were also spent on other future projects rather than actual works. Besides, oil is not the only resource that our money funds, but wheat, and other things. Honestly, money is being unbelievably wasted and not just in oil. Since food money is also unavailable, the scarcity has led to food riots, which is what makes high oil prices an important factor in the high demand for food.

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