answersLogoWhite

0

It can have many effects, but one is the creation of new social classes

    User Avatar

    Wiki User

    9y ago

    What else can I help you with?

    Related Questions

    What did the economic prosperity of the early to mid-1800s lead to?

    the creation of a new social classes


    Is economic success a noun?

    Yes it's a noun and also economic success is actually the answer to prosperity and prosperity is economic success


    What is the opposite of economic depression?

    Economic prosperity.


    What are the main objectives of land bank of the Philippines?

    to improve the lives of all its stakeholders and working in them to lead the country to economic prosperity.


    Gawadar as a window of economic prosperity?

    Economic prosperity is a topic that possesses uttermost distinction, and that necessitates knowledgeable ministership about


    How does the relationship between wage and productivity impact overall economic growth and prosperity?

    The relationship between wage and productivity is important for economic growth and prosperity. When wages increase in line with productivity, workers are motivated to work harder and produce more, leading to higher economic output. This can result in overall economic growth and prosperity as businesses become more efficient and profitable, which can lead to higher standards of living for individuals and a stronger economy.


    What event ended the economic prosperity of the 1920?

    The stock market crash of 1929 put an end to the prosperity of the 1920s in the United States.


    What event ended the prosperity of the 1920?

    The Great Depression ended the economic prosperity of the 1920s.


    Prosperity is a time when?

    There is high economic activity..


    What is the peak of economic activity called?

    prosperity


    What causes economic prosperity?

    Consumer confidence.


    How does the relationship between income inequality and economic growth impact overall societal prosperity?

    Income inequality can hinder economic growth and societal prosperity. When income is concentrated in the hands of a few, it can lead to reduced consumer spending, limited access to education and healthcare, and social unrest. This can ultimately slow down economic growth and create a less prosperous society for all.