Economics:Basically, an economic decision is made based on the marginal cost and marginal benefit analysis package. And this can be reached at once a critical analysis has been made and it is discovered that that the benefits are greater than the costs incurred. For example, the issue of feeding homeless persons in public places is a question of whether to be continued or abandoned. In this dissertation paper, the issue of economic decision has been critically and creatively looked into and a concrete explanation given addressing each question.
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The act of getting the homeless out of the streets could mark the turning point of the miseries and hopelessness among the homeless persons. The impact will reflect on both the environmental costs and benefits hence, propelling the action to the next level of societal development, which will be as a result for the homeless graduating to normal lives.
Conklin, D. W. (1991). Comparative economic systems: Objectives, decision modes, and the process of choice. Cambridge u.a: Cambridge Univ. Pr.
Silvia, J. (2011). Dynamic economic decision making: Strategies for financial risk, capital markets, and monetary policy. Hoboken, N.J: Wiley.
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