Scottish defence issue looking at the obvious

To get an accurate idea of what to expect, we must sometimes look at the less obvious affects.

14:33 17 June 2013

One of the areas of concern for the Scottish defence sector if it becomes independent is that of employment. We can always look at the most obvious results of situations, but it is sometimes more difficult to predetermine what other facets of life will be effected.

Credit cards, for example, may positively affect a community if the cards are used responsibly. Here are a few ways that increased use of credit cards could impact multiple facets of everyday life.

• Local economies—when people purchase using cash or credit cards, within the local economy, the money gets fed back to the public through the need for greater employment opportunities which puts more people to work who can then also stimulate the local economy by shopping.

 

• Employment—there are the obvious results of the number of people employed by companies for credit cards. A lower unemployment rate also looks better for potential investors in the local area and encourages other businesses to hire normally.

 

• Investments—with improved economies there will be all kinds of investment opportunities such as housing developments, new stores, shopping centres, and other similar investments that help maintain the economic health and vitality of an area.

 

• Health—those who are employed, whether by companies for credit cards or other means, may be a little bit healthier due to eliminating the stress of being out of work.

When they have a little bit extra to spend, they may feel more content and morale might be better. This means better immune systems for the residents, and a healthier place to live.

• Point systems—using some credit cards allows customers to collect points which, depending on the particular programme, could be used for a number of different things such as purchasing airline tickets.

 

• Debt elimination—when used intelligently credit cards can even help people get out of debt, and pay things off a little faster.