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What are the advantages of allowing people and businesses to borrow money?
Emmajojo
create wealth with no assets of your own.
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∙ 9y ago
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What do people borrow money for?
People borrow money to buys houses, to buy cars, to start businesses, to gamble in Las Vegas, and for many other reasons, some good and some not so good.
The best time for people to borrow money is when?
this is from social studies.the best time for people to borrow money is when
What is an example of credit?
An example of credit is when someone lets you have something with only the promise to pay them later. Credit limits are often given by financial institutions allowing people to borrow up to a certain limit.
What do people pay to borrow money?
The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.
Why do people go to the bank to borrow money?
There could be thousands of reasons people borrow money. To buy a home, to take a vacation, there are too many reasons why people would borrow money to list here. Hopefully you got the jest of this answer. There are numerous reasons for the borrowing of money but common ones are; home loans, purchasing of insurance, purchasing of business companies, etc. People borrow money in general because they either can't afford something or they have no money in cash, so they borrow from the bank, the disadvantage however is that you have to pay it back, and what people don't realize is that the bank adds interest to the overall payment if you pay it over a period of time which is not in the month requested by the bank
What are advantages of capital market?
The capital market offers several advantages. It provides access to long-term funding for businesses, allowing them to undertake investment projects. It also facilitates liquidity for investors, allowing them to buy and sell securities. Additionally, the capital market encourages efficient allocation of resources by pricing securities based on supply and demand.
What do people borrow money for?
People borrow money to buys houses, to buy cars, to start businesses, to gamble in Las Vegas, and for many other reasons, some good and some not so good.
During the war waswere issued by the American government allowing the government to borrow from the American people.?
Liberty Bonds A+
What advantages do you get from knowing the correct classification of a network?
a network of what? businesses, computers, people?
During the war what were issued by the American government allowing the government to borrow from the American people?
Liberty Bonds, also known generally as war bonds.
The best time for people to borrow money is when?
this is from social studies.the best time for people to borrow money is when
How often do everyday people use promotional pens in this world?
Promotional pens are used by businesses who wish to display their logo on a writing utensil. They are fairly inexpensive, allowing businesses to provide a large number of people with promotional pens. People often keep these pens, and use them frequently.
Who invented the wheel borrow?
The chine's people invented the wheel borrow.
Advantages and disadvantages of computers in the 21st century?
Advantages and disadvantages of a computer in the 21st century.
The advantages and disadvantages of international tourism?
Advantages to international tourism include more customers for area businesses, and more money being brought into the economy. Disadvantages include added traffic, noise, and people.
What are people who own and operate their own businesses and have many advantages such as variety flexible work hours and control over working conditions?
Self employed
What is an example of credit?
An example of credit is when someone lets you have something with only the promise to pay them later. Credit limits are often given by financial institutions allowing people to borrow up to a certain limit.
