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After World War 2 what supply caused prices for consumer products to rise dramatically?
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An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
Why could europeans afford to buy more consumer products?
Because workers' wages increased, prices for manufactured goods decreased, and because of the new method of the assembly line, Europeans could afford to buy more consumer products.
What is one reason why the expansion of the railroads caused prices of products to drop during the Gilded Age?
railroads provided expensive but fast transpotation of raw materials and products
What is the importance of globalization?
Globalization causes prices of products to go down. Businesses can have their workforce in another country, and pay them less. Because it is cheaper to make those products elsewhere the consumer can purchase these products for really low prices. This helps people in other countries buy what used to be expensive items, for really cheap.
Why is competition important in the US enterprise system?
Competition has, as two of it's results, improved products, and lower prices, both very good things for the consumer.
What caused the US energy crisis in 1973?
The OPEC nations dramatically raised oil prices.
What caused consumer pricess to rise after world war 1?
Mobilization decisions was what caused consumer prices to rise after world war 1.
What caused prices to surge after the war?
there was a huge increase in consumer demand and spending
Why use recommended retail price when determining selling price?
This is applicable to consumer durable products where retail prices are recommended because there is a huge consumer market for such products.
What caused consumer prices to rise following war?
The war ended the Great Depression
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
High tariffs raise the prices of ________, making ________ more attractive to the consumer.?
imported goods; domestic products
How did high tariffs hurt Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
Why could europeans afford to buy more consumer products?
Because workers' wages increased, prices for manufactured goods decreased, and because of the new method of the assembly line, Europeans could afford to buy more consumer products.
How did high tariffs hurt many American?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
What caused consumer prices to rise following the war?
High demand and a shortage of produced goods.
