Thursday, October 18, 2012

Are diamonds really worth their cost?

The price of diamonds is predicted to go up by 30% in the next two years. Diamonds are a very scarce resource therefore the price of them will gradually increase. People like the look and the value of diamonds so much that they are willing to pay so much for them. More and more diamonds are being found every day and eventually there will be so much that the value of them will go down. This wont happen anytime soon but in the far future it is a possibility. More and more diamonds are found everyday. More people are beginning to buy diamonds because they like the look and the value of them. Diamonds are huge in our economy because so many people buy them. Why are diamonds worth their cost today?
SOURCE: Global Issues In Context
TITLE: Diamonds and their costs
SOURCE: Opposing Viewpoints Resource Center
TITLE: The Value Of Diamonds
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SOURCE:en.wikipedia.org

1 comment:

  1. I think this blog is very interesting. I like how you posed so many questions for the readers to think about. Have you considered naming some of the characteristics of diamons that make them so appealing?

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