1. World problems
  2. Surplus

Surplus

  • Glut
  • Oversupply

Nature

Surplus refers to an excess of resources, goods, or capital beyond what is necessary or desired. While often viewed positively in economic contexts, such as surplus production or budget surpluses, it can also present problems. For instance, agricultural surpluses may lead to waste if not managed properly, causing environmental harm and economic inefficiencies. In finance, a budget surplus can result in reduced public investment, potentially stunting growth. Additionally, surplus inventory in businesses can lead to increased storage costs and reduced profitability. Thus, while surplus can indicate abundance, it can also pose significant challenges if not addressed effectively.This information has been generated by artificial intelligence.

Claim

Surplus is a critical issue that demands urgent attention. Excess production leads to waste, environmental degradation, and economic inefficiency. In a world where millions suffer from hunger, the existence of surplus food is a moral outrage. Moreover, surplus resources can distort markets, undermine fair competition, and contribute to unsustainable practices. Addressing surplus is not just an economic necessity; it is a moral imperative that can drive innovation, promote sustainability, and foster a more equitable society.This information has been generated by artificial intelligence.

Counter-claim

Surplus is often overstated as a pressing issue. In reality, it reflects abundance and efficiency in production, showcasing a society's ability to generate more than it consumes. Instead of viewing surplus as a problem, we should celebrate it as a sign of progress and innovation. The focus should be on utilizing surplus effectively rather than lamenting its existence. Prioritizing this minor concern distracts from far more critical issues that truly impact our communities and economies.This information has been generated by artificial intelligence.

Narrower

Aggravated by

Reduced by

Related

Hoarding
Unpresentable

Strategy

Producing glut
Yet to rate

Value

Surplus
Yet to rate
Oversupply
Yet to rate
Glut
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
World problems
Type
(B) Basic universal problems
Biological classification
N/A
Subject
  • Commerce » Purchasing, supplying
  • Commerce » Merchandise
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    F4750
    DOCID
    11647500
    D7NID
    135610
    Last update
    Oct 15, 2024