Question

Using your answers to question 1 and the economic knowledge you gained in this lesson, compose a three-paragraph

essay that explains in economic terms the author's argument in the article. Be sure to write a topic statement, use
relevant quotes from the article (and cite them), use proper grammar (including transitions, formal tone, and so on), and
include a concluding statement. Also,
writing.
be sure to apply at least three economic terms or concepts from this section in your writing.

Answer 1

To construct an economics-themed essay, one must start with clear topic sentences, claims, and provide evidence with analysis. The essay should demonstrate economic understanding through relevant terms and culminate in a strong conclusion summarizing and emphasizing the essay's broader significance.

Step-by-step explanation:

Composing an Economics-Themed Essay

To craft an economic essay, one must understand how to structure their arguments effectively. A topic sentence is essential to foreground the subject matter of a paragraph, while a clear claim asserts the point to be argued. Evidence must then be presented to support this claim, often in the form of quotations from the article in question. Meticulous analysis is required to elucidate the relation between this evidence and the overarching thesis statement.

Within the body paragraphs, it is vital to incorporate the chosen economic terms or concepts to strengthen the argument. These could include terms such as 'supply and demand,' 'market equilibrium,' or 'opportunity cost.' Each quote used to bolster the argument should be followed by an explanation that directly connects it back to the thesis, illustrating the significance of the evidence. As each paragraph unfolds, it should pave the way for subsequent ones through effective transition sentences.

The concluding paragraph must rephrase the thesis statement, summarizing the central arguments to reinforce the essay's main points. Finally, elucidating the significance of the analysis communicates to the reader the broader implications of the essay, ensuring a persuasive and authoritative close to the argument.

Answer 2

The article “Glaciers on Ice—for Now” by Thomas Sumner discusses the role of human activity in delaying the next ice age on earth. It suggests that carbon dioxide (CO2) emissions resulting from human activities are extending the current interglacial period by keeping the atmosphere warm.

The human population has proliferated in recent centuries. As the population grew, demand for goods and services also grew. The increasing demand for goods led to rapid industrialization around the world, and the production of goods began on a large scale. A prime externality of factory production was the emission of CO2 into the air, which led to pollution and health hazards. Another cause of the high level of CO2 is vehicular pollution. When cars entered the market, only a small number of people owned cars. But in the early twentieth century, technological developments made the mass production of cars possible. This technology, a non-price determinant of supply, pushed up the supply of cars by lowering the cost of production and the time required to produce a car. An increase in supply brought down the price of cars so that even lower- and middle-income people could afford a car. As cars became more and more common, the amount of CO2 in the air rose.

In 2015, the CO2 levels in the air increased to 400 parts per million, when the level should have been 245 parts per million. The article states that the extra CO2 was “added to the atmosphere” by human consumption. It states that “the future is murky” because of the climatic externalities of human activities.

Step-by-step explanation:

the answer that is given in edmentum