The Demands of Alcohol on the Economic Aspect

The problems associated with alcoholism, which the study labels as serious consequences includes the death figures associated with drinking an driving, alcohol-related sexual assaults and rape, alcohol-related homicide, suicide and drowning and other diseases such as loss of memory (The Center on Alcohol Marketing and Youth). These things have given impetus for the government to totally ban the use of alcohol for children below 21 years. As to what effects does this ban has on kids is the aim of this study. We will be using data and analysis from online sources to answer the question. In a study published in 2009, regarding banning alcohol advertisements reveal that there is strong evidence that restrictions have not reduced consumption and the evidence from jurisdictions that have removed bans shows that consumption has not increased when advertising has resumed (http://www.spiked-online.com/). Banning advertisements is one way of managing the demand for alcohol, presuming that advertisements increase the use of alcohol. But the study suggests that this policy is not effective. This policy is similar to banning underage to drink alcohol. It is one way of managing the demand for alcohol, but the figures reveal that the intended purpose is not met. When the government has increased the alcohol ban to under 21 the result was good. Numerous studies have demonstrated that raising the minimum drinking age in the United States from 18 to 21 significantly decreased self-reported drinking, fatal traffic crashes, and DUI arrests among young people.