Last Updated 11 Feb 2020

Rising food prices

Category Food
Essay type Research
Words 397 (1 page)
Views 198

The economic and political ramifications of rising oil prices are astounding. It is interesting how far they reach, and also how deeply dependent countries are on this commodity. It shows that the extent to which oil might be considered fundamental is a significant one, given its impact on the most basic human need: food.

The economics of oil demonstrates itself as being perhaps the most intricate of all commodities, as it has the ability to affect not just the economy of its suppliers by also the economy of the entire world. The idea that food (or the lack thereof) can stir national conflict does not appear to be very far-fetched. However, the connection that food has to oil prices certainly places oil (as a commodity) in a much higher place than it perhaps should be.

Oil is usually considered closely connected to such non-essential (yet highly used) commodities as gasoline and by extension motor vehicles. The importance of oil on the world market may for this reason have been considered an enigma. However, this connection that it has to food makes it understandable why the demand for oil is so inexorably high (Whitelaw, 2008).

Order custom essay Rising food prices with free plagiarism report

GET ORIGINAL PAPER

Of concern is the realization that the rising food costs have also been affecting the ability of the United Nations’ food aid agency and other philanthropic organizations to provide food for the economically struggling countries. The international aspect of the rising prices may spell doom for certain countries that have benefited from such aid in the past. More frightening is that fact that it may also create further shortages in areas that before had needed no aid, and it has been affecting the chances for relief possessed by refugees fleeing famine in their own countries (Whitelaw, 2008).

These implications make it more exigent that alternative energy sources be sought. It may end up being more economical to spend millions on research that will result in a more sustainable form of energy. The prospect of oil depletion in the coming years is clearly not the only problem humans now face in regard to concentration upon this particular energy source. More immediate effects resulting in economic and political tension are clearly serious consequences of humans’ dependence on oil.

Reference

Whitelaw, K. (2008). “The dangers from rising food prices: costlier commodities could trigger              unrest in poor countries and may curtail food aid to refugees.” U.S. News World Report.           New York. Available

This essay was written by a fellow student. You can use it as an example when writing your own essay or use it as a source, but you need cite it.

Get professional help and free up your time for more important courses

Starting from 3 hours delivery 450+ experts on 30 subjects
get essay help 124  experts online

Did you know that we have over 70,000 essays on 3,000 topics in our database?

Cite this page

Explore how the human body functions as one unit in harmony in order to life

Rising food prices. (2017, Mar 14). Retrieved from https://phdessay.com/rising-food-prices/

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire writer