Asked in Needs a Topic
Needs a Topic
How do people contribute to the demand for credit in the economy?
We need you to answer this question!
If you know the answer to this question, please register to join our limited beta program and start the conversation right now!
Asked in Economics
How do people contribute to the supply of credit in the economy?
Asked in Economics
What is one way people contribute to the supply of credit in the economy?
Asked in Decade - 1920s
How did easy credit contribute to the boom times in the 1920's?
Asked in California
How did ranchos contribute to the economy of California?
Asked in Insects
How would insect contribute to the economy of the people?
Asked in Mauritius
How has tourism benefited the people of mauritius?
Asked in Barack Obama
What did Obama contribute to the economy during his term?
Asked in Business & Finance
What does the economy produce Whatever people are willing to buy?
The concept of demand and supply comes into play in the economic arena when it comes to production and consumption pattern. The demand plays a crucial role and the break even is necessary in the economy. The demand curve always follows negative slope while the supply has a positive slope. The more the demand, the more would be the supply. So as we see that demand and supply are directly proportional and economy produces what people are willing to buy.
Asked in Economics, Supply and Demand
What is supply and demand economy?
Asked in Credit and Debit Cards
Where can I find more information about no credit credit card?
Asked in Economics, 2008 Economic Crisis, Inflation
How did the economic crisis contribute to the revolutionary mood in France?
Asked in Credit and Debit Cards, Credit Reports, Improving Your Credit Rating, Companies, Credit, Walmart
Why push the walmart credit card when economy is so bad?
It doesn't make a difference to Wal-Mart or any other credit card company what the status of the economy is. They would love to get people with good credit ratings to use their cards. They make money when people use them. The more people that use the credit cards, the more opportunity to make money they have. There is some risk that people will use them and not pay them off, but there is still value involved.
How did buying stocks on credit contribute to the Great Depression?
Asked in Economics, Unemployment
Why does unemployment rise when the economy slows?
Asked in Traditional Economy
How do people decide how much goods and services are worth in a barter economy?
Asked in Politics and Government
Why are people often reluctant to support a reduction in government spending?
Reducing Government spending would result in a decrease of Aggregate Demand. Government spending is one of four components of aggregate demand (demand of the entire economy), the other three being Consumption, Investment, and Net exports. Decreasing spending, decreases demand, which will decrease real GDP and increase unemployment. Basically, it won't be good for our economy because more people will be unemployed.
Asked in Credit and Debit Cards, Credit
What is the impact of credit cards on demand for money?
From a psychological standpoint, human need for money is proportional to what each specific person is interested in buying and what they think is within range. Therefore in some people, credit card dependency can breed an overestimation of what they can afford. The result of this state is an increase in the demand for money to either repay the borrowed credit or suppliment credit purchases with additional funds. Short Term: [PRO] In the short term, credit cards allow customers to purchase products and services they would not normally be able to afford. This stimulates the economy at large. Long Term: [CON] Individually, each consumer pays interest on purchases not repaid by the end of the month. Comsumers who can not or do not repay this debt can become trapped in a financial quagmire which in the long term can have the opposite effect on the economy at large. In the current market, credit card companies who fail to regulate the issuance of credit to unacceptable debtors mortgage our financial future and further drive the public demand for more money into unreachable standards.
Asked in Debt and Bankruptcy
What are some restrictions for bankrupt people if they seek to get credit?
Asked in Industrial Revolution
How did the poplulation growth contribute to the Industrial Revolution?
Population growth contributed to the industrial revolution through supply and demand. More people were needing to be accommodated so it lead to more people being able to have jobs, which created growth in businesses and production. This all contributes to the nations economy, which lead to greater national wealth which leads to more prosperous people.
Asked in Personal Finance, Credit and Debit Cards, Credit Reports, Improving Your Credit Rating, Money Management, Credit
Credit cards with 5000 limit with no credit check?
How did the rapidly expanding railroads of the 1870s and 1880s contribute to the expansion of the American economy?
Moved goods and people quicker railroads boosted the economy the same way as the internet: the idea of globalization. Making travel easier, products quicker to transport, and so on, it brought the country together. As the supply for medicine, food, and other products increased, the demand decreased; and so the economy was "boosted" by the speed and efficiency of railroad travel/shipments.
Asked in Economics
What are the factors affecting the demand for foreign currency?
Confidence in the economy. If the economy of the country is doing good, it is likely that the confidence in that currency is high, raising the demand. However, when the economy is sloppy, the lack of confidence brings down the demand level. Level of exports and imports Relative income changes (Higher income in other countries => go on holidays and thus rising demand for other currencies.) Relative interest rate (High interest rate => high return => people invest more in it)