Monday, 14 January 2019

A Solution for Unemployment, Economic crisis And Trade war......



Our world is traveling through a period like serious issue of unemployment, economic crisis and trade wars. Presently major part of the products using by the common people are made from a country. This allows a certain country to become rich, and the peoples in other countries cannot find jobs in their country. I am very much curious to find a solution for this problem. This issue increase the number of unemployed peoples in all other countries. A certain country becomes as the world's production house. It is not acceptable, we must have to divide production to every country or we have to find a solution to getting opportunity to the other countries to produce and market their products. I think that I can suggest the best idea to avoid the Unemployment, Economic crisis and Trade wars. Every country has to get market for their products at least in their country. Now a days we can see that a certain countries products are available all over the world and we can say that they are the production house of world. This situation must have to change. Each countries must have to take action against this to secure their market at least for their own products. To control these products in any countries market, they just have to realize the the promotion of these products. So we must have to realize that how they are promoting their products successfully. We can see that they are promoting their products psychologically (low price). The price difference between the same product of any other country (low price) make a tendency to attract the people. So first we have to find a solution to control this mode of promotion. To control this, one can fix a minimum price for each product in their country. Ie. Imported products price must not be less than the price of home country products. If you are selling a ball pen in a supermarket, there should be home countries products and imported product, the price will not less than the home country products. Equality of price will make the people to think, and they will chose the right one. Also one who is looking for a particular brand, they will choose it only. They don't care about the price. This situation will allow the products of every countries to find market. It will allow the products to maintain the quality. Once every countries have the opportunity to perform a competitive market, it will allow to increase the production in every land. So that naturally it will increases the employment rate. It will adjust the equilibrium of unemployed people in every country. I think this is the only way to adjust the equilibrium of world economy.