0
Because they feel the need for something they do not have, and they won't need it for an extremely long time, so they decide to "borrow".=Hope this helps.=
Wiki User
∙ 15y ago
People borrow for various reasons, such as to fund major purchases like a house or a car, to pay for education expenses, to start or expand a business, or to cover unexpected financial emergencies. Borrowing allows individuals to access funds that they don't currently have, enabling them to meet their immediate needs or achieve their long-term goals. It's important to borrow responsibly, considering the interest rates, repayment terms, and the ability to repay the borrowed amount.
Add your answer:
Earn +20 pts
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
Who invented the wheel borrow?
The chine's people invented the wheel borrow.
People you borrow money from are your?
Creditors
From where do people borrow money?
the bank
Where can people borrow books?
You can sign up for a card at your local library, which will allow you to borrow books for free.
How much money do people borrow?
Alot.
Where people go to borrow books?
they go to library
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.
How does congress borrow money from the people of the US?
through taxes
Where do people read?
People read books everywhere. They can borrow them in a library and buy them in a bookshop.
Where do people read books?
People read books everywhere. They can borrow them in a library and buy them in a bookshop.
What happened before people had no way to borrow money?
they didnt use it
