What played a significant role in economic expansion?
greed
Most economic systems are driven by Demand(desire AND ability to pay). Reduction in demand will end economic expansion. Ability to pay due to loss of credit was the event that ended the recent economic expansion in the US. Debt itself will not end economic expansion. Most innovations are created by debt laden entities.
Westward Expansion and Related Economic Issues
Entrepreneurs economic aspects
What played a significant role in economic expansion?
greed
Most economic systems are driven by Demand(desire AND ability to pay). Reduction in demand will end economic expansion. Ability to pay due to loss of credit was the event that ended the recent economic expansion in the US. Debt itself will not end economic expansion. Most innovations are created by debt laden entities.
Expansion
Comparative economic systems is the subfield of economics dealing with the comparative study of different systems of economic organization, such as capitalism, socialism, feudalism and the mixed economy.A historian who compares the expansion of political system to the expansion of economic system is organizing history by theme.
Westward Expansion and Related Economic Issues
love
Entrepreneurs economic aspects
the definition of labor and economic
Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."a period of economic growth followed by economic contraction (gp)
an Economic Expansion
no answer