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what can be harmful to the economy is when the non renewable resources are finished
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Is inflation harmful?
Too much inflation will ruin the economy but small levels of inflation will spur growth. Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to it, it can cause an economy to collapse.
Why are fluctuations in the economy harmful?
Inflation can be harmful if individuals' incomes do not increase at the same rate as rising prices, because then the consumers buy less. Economic contraction is harmful because companies begin to lay off workers, and the economy slows down.
Which insect harmful to man both healthwise and economy wise?
1
Why is fuel economy important?
For the vehicle owner it saves money. For the environment, it means less harmful emissions.
Why inflation at very high level and very low level is harmful for economy?
Inflation at a very low level will be harmful for the economy because when the low infaltion will prevail in the economy purcahsing power of the people will get high and they will demand for more goods increase in demand will leads to increase in production in the short run it will be profitable but in the long run it will be harmful for the economy because in the lon run factors of production will be repletion and will lead to lower production and leads to economic crised. in the long run factors of production decides the price of the products not the demand of the products.
How harmful is animal waste to the economy to people and to the environment?
It is not harmful at all! Animal waste is also known as fertilizer. Milorganite is made from human waste for example. Farms will take the feces and spread this material in fields to help encourage plant growth. This reduces overall food costs and helps our environment and the economy, so the short answer is that it helps make the economy and environment a better place.
What is the primary reasons for government to intervene in a free enterprise economy?
The primary reason for government to intervene in a free enterprise economy is simple. The government deemed something to be harmful or deconstructive.
Did president Coolidge feel that restrictions on business were harmful to the economy?
Yes. He believed that the government should do as little as possible to interfere with business.
Is restricting the use of fossil fuels more damaging to the world economy than the increase in the global temperature?
i think it would be more harmful to the planet
Is this statement Inflation is more harmful to the economy than unemployment a positive statement?
equality is more important than efficiency. Is that a positive or normative statement?
Why is a constant inflation rate less harmful to an economy than a rate that fluctuates a lot?
Because it provides stability and it is easier to predict. This makes it easier for business to plan (especially banks) what they will do in the future. Uncertainty is sometimes just as bad as a shrinking economy.
Advantages and disadvantages of a market economy?
Advantages: competition sells products at the lowest price and the best qaulity good Disadvantages: No government involved means some products could be harmful to people
