While taking "trash" and turning it into treasure is a great way to reduce waste, save money, and be more sustainable, it is not as fortunate for the economy. The economy thrives when consumption is high--as a result, aggregate demand increases. Aggregate demand (AD) is "the total demand for final goods and services in the economy at a given time and price level"
(www.wikipedia.org). A higher AD means more jobs because the demand for goods is higher, which means people are making more money that they can use to consume merchandise. What we must do then, to have a thriving economy but also decrease the amount that we thrown out, is to be more wise with what we buy, and what we buy should be sustainable and fair trade.
Recently, companies across America have become more aware of sustainability and have attempted to "go green". This green movement is a great start to a change in our lifestyles, and we can help, as consumers, by only purchasing goods that are fair trade, good for the earth, and are not excessive in waste. The "invisible hand" is controlled by consumers--we decide what is in demand and what is not. So lets put our dollars to good use by choosing what is better for our economy and world.
Also, in the economic crisis we are currently in, everyone is looking to save on cash. Taking trash and turning it into something useful can help you save money and the earth. We hope this blog helps you with that purpose.
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