Identifying Opportunities in Economic & Regulatory Trends- Assignment 6A

             1.  Economic trend: People are retiring later

a)     Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666

b)    I think that this information shows that an opportunity exists for the younger, millennial generation. An opportunity exists for them because since the older generation is not retiring, this leaves room for younger generations to stay in school longer to peruse higher degrees, work freelance, and have a more flexible schedule.

c)     This opportunity would affect the millennial generation who is currently trying to come into the work force.

d)    I think that this particular opportunity is relatively easy to exploit since the older generation is staying in the work force. The younger generation has more options of what to do if they cannot find a full time job right away.

e)    I saw this as an opportunity because since there is less availability in the work force currently with older generations like the baby boomers staying to work longer, an opportunity is given to the millennials who can’t find work. This opportunity could be anything, from going to school to future your education, traveling and doing odd jobs, etc.      

             2.  Economic trend: U.S increased global demand

a)     Source: https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends

b)    I think that this information shows that an opportunity exists for U.S businesses who export their products to different places like Japan and Europe. With U.S products becoming more competitive overseas, gives these businesses an opportunity now to sell more at a higher price than before.

c)     This opportunity would affect the businesses that currently export their products to differently places around the world. It would also affect the people in other countries who want to buy the U.S products.

d)    To exploit this opportunity would be relatively easy for U.S businesses simply because the increased competition of U.S goods overseas.

e)    I saw this as an opportunity because economic growth for other companies only benefits the U.S and allows for businesses in the U.S to prosper from the increased business.     

.            3.  Regulatory changes: Legislation passed due to opioid crisis

a)     Source: https://www.help.senate.gov/chair/newsroom/press/alexander-senate-sends-to-president-opioids-legislation-called-landmark-by-leader-mcconnell

b)    I think that this information shows that an opportunity exists for people who are addicted to opioids a better chance of kicking the addiction. Legislation has been passed which will extend Medicaid treatment, start development of non-addictive painkillers, and allow more medical professionals to help when people overdose and with their recovery process. Along with the $8.5 billion Congress has approved for the opioid crisis, I think heightens the chances for recovery for addicts.

c)     This opportunity would affect all the people who are affected by the opioid epidemic, could be someone who is addicted to the pills, centers who try to help people with the addiction,

d)    To exploit this opportunity should be relatively easy since it is something that the government has approved and is providing through the new legislation.

e)    I saw this as an opportunity because opioid addiction as stated has become a crisis around the U.S. and it needs to be stopped. This new legislation is going to provide so much to people in need and hopefully help to curb the crisis.

             4.  Regulatory changes: Considering the Climate Solutions Act of 2019

a)     Source: https://www.govtrack.us/congress/bills/116/hr330/text/ih

b)    I think that this information shows that an opportunity exists for the government to bring in regulatory changes to reduce the amount of greenhouse gas emissions and reduce the average increase in surface temperature per year, and increase the use of energy efficiency.

c)     This opportunity would affect everyone around the world. Global warming and its negatives effects are very real and will only get worse in the coming years if drastic changes are not made by everyone to reduce things such as reducing greenhouse gas emissions, the increased temperature of the planet as a whole, among others.

d)    To exploit this opportunity would be difficult because these changes are something that need to happen now and climate is still an issue being argued on. If changes are not made soon it will be too late for certain species that will become extinct and the negative affects it will continue to have on the earth as a whole.

e)    I saw this as an opportunity because climate change is a very real and scary, it not only negatively affects people but the environment and plants and animals in the environment. The article states that by 2050 about 25% of plants and animals will be extinct. We need to save our plant and ourselves by doing what we can to reduce the damaging affects we have caused the planet.