Question

What do you see as the major economic challenges facing our society today and, in particular your generation?

Answer 1

The major economic challenges our generation and the world is facing today is

1) Economic inequality: There is quote saying Rich getts richer and poor gets poorer. There is no economic equality between people and rich people are tryotr to exploit the poor and rich countries are exploiting poor countries.

2) Corruption: In each and every sector corruption is increasing where to get any work done people have to bribe it is effecting the economy badly

3) Population: Due to increase in population every decade the resources are getting depleted and there will be nothing left for future generations

4) Unemployment: People who are graduating from colleges year by year is increasing and people who are getting job is less. So there excess supply of labour force than demanded.

5) Technology: There is vast advancement I technology which is not only effecting the human life but also the environment. People are loosing jobs due to technological advancements which is making them to become unemployed.

Answer 2

Today's world is much dynamic and every changing ,several slow down ,economy crisis and changing economy that putting challenges in front of today generation.Large and nuclear size family and other types of class getting more and more challenges from economy.Youth are graduating every year and several professional college are opening but challenges of economics not being solve.

Major challenges are as follows which our today society and younger generation facing-

1) Challenges of outsourcing of skills.

2) Blue collar jobs .

3) Shifting manufacturing .

4) Soaring price.

5) Multiple degree but lack of job.

6) Shifting growth rate.

7) Increasing youth population.

8) Facing challenges to keep on studies further.

9) Lack of commitment and will power.