ENCYCLOPEDIA

OF WORLD PROBLEMS

AND HUMAN POTENTIAL

World problems

Excessive costs

Excessive costs

Prohibitive expenses

Nature

Excessive costs refer to financial burdens that exceed reasonable or expected levels, often leading to economic strain for individuals, businesses, or governments. This phenomenon can arise from various factors, including inflation, monopolistic practices, inefficient resource allocation, or regulatory burdens. Excessive costs can hinder access to essential goods and services, stifle economic growth, and exacerbate social inequalities. In sectors like healthcare, housing, and education, excessive costs can limit opportunities and quality of life, prompting calls for policy reforms and market interventions to promote affordability and sustainability. Addressing excessive costs is crucial for fostering equitable economic environments.

Claim

Excessive costs are a critical issue that undermines the very fabric of our society. They burden families, stifle innovation, and widen economic inequality. From skyrocketing healthcare expenses to inflated housing prices, these costs trap individuals in cycles of debt and despair. It is imperative that we address this problem urgently, as it not only affects personal well-being but also hinders our collective progress. We must advocate for transparency and accountability to create a fairer, more equitable economy.

Counter-claim

Excessive costs are often exaggerated and misrepresented as a pressing issue. In reality, they reflect market dynamics and consumer choices. Individuals have the power to seek alternatives, negotiate prices, and prioritize spending. Blaming excessive costs distracts from personal responsibility and innovation. Instead of lamenting high prices, we should embrace competition and adaptability, which ultimately drive quality and efficiency. Let’s focus on solutions rather than inflating a problem that many can navigate effectively.

Narrower

Social hardships of economic reform

Prohibitive medical expenses

Prohibitive cost of living

Prohibitive cost of land

Prohibitive cost of knowledge and information

Prohibitive cost of goods and services

Prohibitive cost of basic services

Lack of facilities for disturbed children

Inaccessible scientific information

High cost of housing

Excessive salaries of international civil servants

Excessive costs of inefficient port cargo-handling

Excessive cost of animal protein

Environmental hazards of decommissioned nuclear power plants

Economic and social losses due to disability

Unmanageable cost of dying

Unavailability of building sites

Prohibitive ownership costs

Prohibitive cost of water

Prohibitive cost of transportation

Prohibitive cost of safety equipment

Prohibitive cost of road construction

Prohibitive cost of prisons

Prohibitive cost of insurance

Prohibitive cost of imported goods

Prohibitive cost of fuel

Prohibitive cost of fishing equipment

Prohibitive cost of electricity

Prohibitive cost of cooperative start-up

Prohibitive cost of connection to public utilities

Prohibitive cost of capital equipment

Prohibitive cost of building maintenance

Prohibitive construction costs

Long-term shortage of uranium resources

Limited transportation services in cities

Lack of fire-fighting facilities

Excessive cost of transferring funds across borders

Excessive cost of effective prosecution of offenders

Prohibitive refrigeration costs

Prohibitive legal costs

Prohibitive labour costs

Prohibitive costs of purification of effluents and emissions

Prohibitive costs for businesses

Prohibitive cost of travel documents

Prohibitive cost of teaching staff

Prohibitive cost of parenthood

Prohibitive cost of newspapers

Prohibitive cost of maintenance

Prohibitive cost of intergovernmental aid negotiations

Prohibitive cost of inadequate development policies

Prohibitive cost of electoral campaigns

Prohibitive cost of contraceptives

Prohibitive cost of coastal protection against sea damage

Prohibitive agricultural diversification costs

Prohibitive administrative overhead costs for aid

Lack of school transportation

Inflated art values

Ineffective protection of individual rights due to excessive court costs

Increase in operating costs

Inadequate emergency services

Excessive use of resources on expensive medical techniques

Economically inefficient regulations

Crisis in long-term pension funds

Aggravates

Non-viability of small states and territories

Lack of capital development

Inappropriate use of financial resources

Aggravated by

Economic inflation

High interest rates

Metadata

Database

World problems

Type

(C) Cross-sectoral problems

Biological classification

N/A

Content quality

Unpresentable

Language

English

1A4N

J4392

DOCID

12043920

D7NID

133786

Last update

Oct 4, 2020