Scarcity's Dilemmas Vs. Long-Term Benefits

Learn to prioritize personal fitness and health among a world of priorities that may seem vastly more important.

| Demonstrates some understanding of descriptive and value assumptions and value conflicts, identifies some and provides satisfactory explanation of their effect on the argument. May have some confusion over definitions, but generally demonstrates understanding of the concepts.

To apply utilitarianism to this ethical controversy one has to evaluate which option would benefit society

There are two main views on this argument that different groups and parties take sides on; they

This establishes the topic and the sides of the debate as well as is a good lead in for some information on

Every day of our lives, we make choices. Some of these choices are very difficult, while others might be so easy that they are subconscious. Each decision we make comes with a downfall. That is the next best option we could have chosen or what we call the opportunity cost of making the decision that we did!

It balances out the pros and cons, but it is a little more lenient on the side of the individuals.

Choices are like investments, they can be short term or long term, expensive or cheap. However, the consequences are beyond one’s control. In America, we have something many countries don’t have that is a greater freedom to make choices. This freedom is what enables people to reach great heights in success, but that same freedom can also lead people to despair. So while this freedom to make a choice is done ultimately by you, the consequences—whether positive or negative—are something that one must confront and move on.

The utilitarian view takes this into account where the Natural Law does not take into consideration the long term effects. I believe that the utilitarian view on this issue is a more plausible and realistic viewpoint in today’s society.

* Offering a middle choice makes less difference to those who feel strongly about an issue, but if you offer a middle choice, more people will select it. One solution

From politicians considering new infrastructure projects to young adults considering starting a family, the cost-benefit analysis has been touted as a cure for indecision. Based on seemingly firm economic and philosophical foundations, use of the method has become a ubiquitous part of modern society’s decisional endeavors. Whether it focuses directly on financial gain or on interpretations of nonmonetary changes in wellbeing, this type of analysis provides a framework that allows individuals to confidently make decisions of all varieties and levels of importance. The reality, though, is that cost-benefit analysis is not a silver bullet. At its core, as Hausman and Mcpherson state, it is predicated on a repressively “narrow” evaluative

However, if we compare the merits verses demerits, it will be safe to conclude that the former outweighs the latter.

There is so much to discuss when it comes to this topic, but for today I decided to look at the topic in a more broad manner and go in to some detail with the most common pro’s and con’s I could think of (have read about).

-The issue of lack and decision are fundamental financial issues confronted by every general public and limited wage strengths you excessively settle on decisions (open door cost), decide between or figure out what is wants and needs.

benefits. When we make a decision we weigh up the costs and benefits and choose