Poverty is a social problem because it reduces the economic growth due to low levels of production.
Today, steady and continuous economic development has been constrained by the lack of economic freedom for many individuals due to linked problems such as corruption, political instability and unemployment.
The first chapter focuses on one regulatory policy aimed at decreasing greenhouse gas emissions and its impact on the firm it is regulating.
In order to increase the use of renewable energy for electricity generation, a majority of the states in the US have introduced Renewable Portfolio Standards (RPS) over the last two decades.
Introduction: The term social problems is a generic term applied to a range of conditions and behaviors which are assumed to be manifestations of social disorganization and this conditions warrant changing through some means of social engineering.
Social problems are matters that directly or indirectly affect almost all members of the society.
This chapter empirically assesses the effect of RPS on the profitability of investor-owned utilities over the time period of 2000 to 2010.
The results suggest that (more stringent) RPS policies might have negatively affected the profitability of utilities over the sample period; as important, the empirical results show no evidence to support the Porter Hypothesis.
There is however a certain degree of pollution that is accepted as normal industrial practice.3.
Climate change Climate change refers to the change in statistical distribution of weather over periods of time that range from decades to even millions of years.