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I agree because high prices traditionally cause an exppansion and industry and this brings an ending to the prices on manufactors and the prices of gasoline

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Do you agree that high prices traditionally cause expansion in an industry eventually bringing an end to high prices and manufacturers' prosperity?

Yes, high prices can stimulate expansion in an industry as they attract new entrants and encourage existing producers to increase output. This increased competition typically leads to greater supply, which helps to stabilize or reduce prices over time. Ultimately, as the market becomes saturated and competition increases, the initial prosperity enjoyed by manufacturers may diminish, leading to a more balanced pricing environment.


What economic prosperity required reinvestment of profits in capital expansion?

Marx


How many stages are in business cycle?

The main stages are expansion, prosperity, contraction and recession


What are the three pillars of post war prosperity?

The three pillars of post-war prosperity typically refer to a combination of economic growth, social stability, and political democracy. Economic growth was driven by industrial expansion, technological advancements, and increased consumer spending. Social stability was fostered through welfare programs and the expansion of the middle class, while political democracy ensured broader participation in governance and the protection of civil rights, contributing to a more cohesive society. Together, these pillars created an environment conducive to sustained prosperity in the post-war era.


What takes place in the expansion phase of the business cycle before the full-blown expansion?

-real GDP goes up -will eventually reach a peak -prices going up -supply and demand go up

Related Questions

Do you agree that high prices traditionally cause expansion in an industry eventually bringing an end to high prices and manufacturers' prosperity?

Yes, high prices can stimulate expansion in an industry as they attract new entrants and encourage existing producers to increase output. This increased competition typically leads to greater supply, which helps to stabilize or reduce prices over time. Ultimately, as the market becomes saturated and competition increases, the initial prosperity enjoyed by manufacturers may diminish, leading to a more balanced pricing environment.


When was Expansion Joint Manufacturers Association created?

Expansion Joint Manufacturers Association was created in 1955.


Why is period before ad called the pax romana'?

It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.It is called the Pax Romana, which means Roman Peace, because it was a time of peace, prosperity, security and expansion for the empire.


What economic prosperity required reinvestment of profits in capital expansion?

Marx


Four letter word that has to do with the period of aconomic expansion or prosperity?

boom


Overseas expansion was partly a result of manufacturers' need for?

Capital.


What was the main purpose of hittite conquest and phoenician trade?

The Hittites were expanding a kingdom to be ruled and profited from. The Phoenicians were forgetting ruling and its liabilities, and simply profiting from trade.


Why is the period before AD 180 called the Pax Romana?

Pax Romana (Roman peace) is a term which had been coined by historians to indicate the 200-year period of relative political stability in the Roman Empire which followed the establishment of rule by emperors by Augustus.


How many stages are in business cycle?

The main stages are expansion, prosperity, contraction and recession


What are the Rates of expansion and contraction of cast iron and steel and brass and cpvc pipe?

The coeifficent of expansion per degree can be found in the manufacturers charts


Ottoman expansion in the early fourteen century eventually led their control over what?

true


Why was there a western expansion?

Cheap land and eventually the discovery of gold in California and silver in Nevada