Economic Abuse

Examples of Economic Abuse in the following topics:

• Evaluating GDP as a Measure of the Economy

  • Gross domestic product (GDP) due to its relative ease of calculation and definition, has become a standard metric in the discussion of economic welfare, growth and prosperity.
  • Simon Kuznets, the economist who developed the first comprehensive set of measures of national income, stated in his first report to the US Congress in 1934, in a section titled "Uses and Abuses of National Income Measurements":
  • "Economic welfare cannot be adequately measured unless the personal distribution of income is known.
  • The sensitivities related to social welfare has continued the argument specific to the use of GDP as a economic growth or progress metric.
  • GDP can be adjusted to compare the purchasing power across countries but cannot be adjusted to provide a view of the economic disparities within a country.

• Indentured Servants

  • Abuse of indentured servants on board ships is well documented.
  • Indentured servitude was a major element of colonial labor economics from the 1620s until the American Revolution.

• Child Abuse

• Causes of Market Failure

  • Abuse of monopoly power: imperfect markets restrict output in an attempt to maximize profit.

• Family Violence

  • In this definition, domestic violence takes many forms, including physical aggression or assault, sexual abuse, emotional abuse, controlling or domineering behaviour, intimidation, stalking, passive/covert abuse, and economic deprivation.
  • Economic abuse is a form of abuse when one intimate partner has control over the other partner's access to economic resources.
  • Economic abuse may involve preventing a spouse from resource acquisition, limiting the amount of resources to use by the victim, or by exploiting economic resources of the victim.
  • Due to economic abuse and isolation, victims usually have very little money of their own and few people on whom they can rely when seeking help.
  • Discuss the various types of domestic violence, such as physical or economic, as well as the effects on all people involved

• Substance Abuse and Health

• References

  • Cooperative learning: Abused and overused?
  • The effects of cooperative learning methods on achievement, retention, and attitudes of home economics students in north carolina.

• Elder Abuse

• The Older Years

  • Abuse of the elderly is a serious problem in the U.S.
  • Abuse refers to psychological/emotional abuse, physical abuse, sexual abuse, and caregiver neglect or financial exploitation, while self-neglect refers to behaviors that threaten the person's own health and safety.

• Substance-Related and Addictive Disorders

  • Several theories of substance use and addiction exist, some of the main ones being genetic predisposition, the self-medication theory, a psychological predisposition, and factors involved with social/economic development.
  • According to a study conducted by Alec Roy, formerly at the National Institute on Alcohol Abuse and Alcoholism, norepinephrine is secreted under stress, arousal, or thrill, so pathological gamblers gamble to make up for their under-dosage.