Source:backintoit.com
As I learn more and more about how many businesses and people depend on oil I come to realize that oil is a very & I do mean very important substance for the U.S and the shortage that this country is going through has a huge impact on everyone living here. I honestly am not a very active person in my community but from my family I know that my cousin Jasmine she’s 24 and she has lost her job because the Doctor who she was assisting went into bankruptcy which caused him to close down his clinic. My cousin depended very much on her job because her salary helped her pay her rent and also to take care of her 2 small boys. I am now taking actions in watching how much of certain products I use everyday, and am now limiting myself when it comes to my wants. I try my best to spend less money on wants and more money on needs. I think that the prospects in my community are not limited. I commute mostly through public transit since last year when I started a summer internship, I had to figure out things on my own and find my own way to where ever I was needed to go. Elasticity plays a very important role on this crisis because people’s reaction to various products on sale sort of plays an act on how much need or want something can be.!
