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What does deflation have to do with the economy?
Deflation is the decrease is the decrease in prices of goods and services. This can affect the economy of a whole region, country, and in some cases, the world. Some of the causes can be: -Reduction in the supply of money or credit. -Reduction in the demand of goods. -Military waste. -Increases in debt and credit card repayment means. -Terrorism. -Government growth, who takes money away from the market economy to fund inefficient programs. -Regulations.
Are there different levels of economy?
Normally an economy of a country is defined as either developed or developing. This classification is based on GDP per capita(mostly) and some other measures(such as HDI)
Discuss how a rapid rate of inflation might affect different groups within an economy?
Rapid inflation will harm all groups through reducing real values, creating uncertainty, instability and harming the efficient operation of the market system. The level of inflation will influence the severity of any effects. Those who benefit include the government, borrowers, importers and some producers. Those who suffer include fixed income earners, lenders, exporters and some producers.
How does silver help the economy?
Silver has a value, weatheras the paper that we use for money is actually worthess - it's credit. Therefore, the more silver and gold that you have, the more substance you have that actually has some worth!
What are the disadvantages to an economy that does not allow credit purchases?
That would all depend on what you mean by credit purchases because a lot of the utilities are credit based as well. When people don't purchase electricity and water on credit. That leads to the companies having to charge a flat rate which could cause overpayment by a lot. Or in some cases underpayment for the amount used. The same applies to cell phones and other types of bills where you pay for it after you use it.
Why is it that people from a different racial groups are unemployed in certain sectors of the economy and not in others?
People from a different racial groups are unemployed in certain sectors of the economy and not in others as a result of discrimination. Racial discrimination makes some racial groups to feel superior over others.
What are the major interest groups in the world economy?
There are many types of interest groups in the world economy. Some of these include economic groups, business groups, labor groups, and splits in the labor movement.
Different types of social groups?
Some different types of social groups include family groups, friendship groups, work or professional groups, interest groups, and community groups. These groups serve various purposes and can be based on shared characteristics, activities, beliefs, or goals.
Why was World War 1 different?
there were different president and some soldiers were different and they were against different groups of soldiers
What is one way people contribute to the supply of credit in the economy?
By offering loans, saving money, or, in some cases, investing.
What does deflation have to do with the economy?
Deflation is the decrease is the decrease in prices of goods and services. This can affect the economy of a whole region, country, and in some cases, the world. Some of the causes can be: -Reduction in the supply of money or credit. -Reduction in the demand of goods. -Military waste. -Increases in debt and credit card repayment means. -Terrorism. -Government growth, who takes money away from the market economy to fund inefficient programs. -Regulations.
Is alliance and leicester credit card a visa or mastercard?
There are different options available some are linked to mastercard credit cards and some are linked to visa.
What are some gay and lesbian activists groups?
There are many different gay and lesbian activist groups. The largest gay and lesbian group is currently GLAAD. There are many other different groups like GRIN as well.
What are some restrictions for bankrupt people if they seek to get credit?
There are many restrictions that bankrupt people face when seeking to get credit, the most common one is that they would find that most banks would refuse them credit even if their current economy, is stable and healthy.
What is the different terms a free market economy can be called?
capitalism, Liberal (in some countries)
What were some of the different ethnic groups during world war 2?
gypys
What are some different ways that some cultural groups in Australian society view Labor Day?
hey
