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Imagine that in Panama, we do not have coronavirus. What type of investment would you do and why?

A. Real Estate - Stable investment
B. Stock Market - High returns
C. Travel Industry - Tourism boom
D. Technology - Innovation opportunities

1 Answer

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Final answer:

In Panama without coronavirus, investing in technology could offer innovation opportunities with the potential for sustainable and higher-paying jobs, counterbalancing the ethical issues of focusing solely on tourism that offers low wages and diverts resources.

Step-by-step explanation:

If Panama does not have coronavirus, choosing the type of investment would depend on assessing both the potential economic benefits and the ethical implications on the local population. Given that most people in the Caribbean Basin live below the poverty line, an investment in the travel industry could be double-edged. On one hand, the development of tourism infrastructure, such as exclusive hotels and five-star resorts, could lead to a tourism boom that creates jobs and brings in foreign income. However, these jobs often pay low wages and could divert essential resources from critical areas such as education, healthcare, and housing. Therefore, considering these factors, a potentially balanced but ethically conscious investment might be in the technology sector, which has the possibility of fostering innovation opportunities and creating more sustainable and higher-paying jobs, contributing to the long-term improvement in the standard of living for the people of Panama.

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