“Realism” Economy Model with Graph.
According to this model, all economic activities must be focused and run in really necessary areas then the price of products and services could be got by low price and more products and services could be got by working fewer hours. For example, there are 10 persons on family, they have taken loan dollar 2000 from the bank for household expenses for all family members. In this family, 4 persons have been working on farming and another 6 persons have been playing cards in a year. After one year who have been playing card, they don’t grow and produce anything which really needed for use. And who have been working on farming, they have grown foods which market price is dollar 800. Those 800 dollars, they return to the bank loan. Here look carefully, if all 10 people work in really necessary areas then they might have grown foods dollar 2000 and might have returned all bank loan. To pay all 2000 dollar loan, 4 persons should be working for 2.5 years. Those 6 persons, who have been playing card also need food, clothes and other household expenses that’s why all loan has been used by all members but only 4 people have been working in really necessary areas to grow foods. By that reason, 4 people are compelled to work extra 1.5 years to return bank loan. I have given this family example for understating reality of unproductive work. This simple example may have applied in the whole country as well as the whole world. In the USA, life is being harder to live by working the same 40 hours per week than before 20 years, they couldn’t figure out what is the main problem behind it. But my example clearly figures out that huge numbers of people have been doing unproductive work current age than before like playing cards, that’s why all people are facing problem to get products and services by doing even more hours. To solve this problem forever, “Realism Model” must be applied otherwise in future people have huge money and vacuum profit in their account but products and services would be a shortage in the market and with a very high price. If this simple example can understand any world leading economist then poverty will be ended from the world within 5 years. My whole efforts to make it understandable to the world then so many unproductive works would be removed then we can get necessary products by working fewer hours. I want to make more clear with graph.
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