0
How do massive layoffs affect households businesses government?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The government uses money payments to provide to business firms and households.?
Fhs sucks massive vaqueero balls
What percentage of Americans earn less than 50000 dollars per year?
In 2012, 71% of individuals and 53% of households in the U.S. earned $50,000 or less. For more information, visit the Related Link. As of 2003 55% of American households made less than $50,000 a year. Two factors to consider in this number is that households is often the combined income of two people, and that we've just come out of a massive recession. So if you're looking for a percentage of households it reasonable to assume it's an even higher number. If you're looking for individual incomes it is much higher.
In economics when is the question how goods are produce not a problem?
Depending upon the situation, there could be a number of reasons. For example, suppose we're dealing with a communist country where businesses are 100% owned and operated by the government. Because the government sets the laws and operates the businesses, they literally have free reign to do whatever they want. And so if there's pollution resulting from their manufacturing activities, it's not a problem because the government can write laws allowing this to occur. So how a product is made becomes unimportant. And that's because the government has total control to make the product anyway it sees fit. This means using substandard materials, illegal workers, dismal working conditions, massive pollution and dangerous chemicals, etc. And because the government is the only one making the product, there's no competition. Plus, the government sets the product's price. So they can charge whatever they want and consumers have no choice but to pay it. Why? Because there's nobody else making and selling it.
What are two ways to grow the economy using monetary policy?
There are two basic ways: 1. Increase the government's spending. It is a good way to grow the economy . The money the government spends goes into the economy as wages, profit, and revenue. most government spending adds some money to the economy. The drawbacks to this is that it is very hard to control. Politicians have a knack for spending gobs of money carelessly. If it is not reigned in quickly, it can cause massive inflation, large government debt, and ultimately lead to a need to increase taxes, which brings us to the second way... 2. Cut taxes. It gives money back to consumers and businesses,Also it has one major drawback: unlike outright governemnt spending, it is NOT a quick fix. This is because some of the money will be saved or invested, so it is not spent (and thus given to workers as wages and businesses as revenue) as quickly as government spending. But this reason is also why it is so much more effective than government spending. The market decides where to spend the money from cut taxes.
Who was the economist who believed that massive government spending programs could revive a failing economy?
There are many economists who have argued this, but the most major one is arguably John Maynard Keynes.
The government uses money payments to provide to business firms and households.?
Fhs sucks massive vaqueero balls
What are the main causes of unemployment in Egypt?
Egypt has massive overpopulation, high levels of corruption (preventing people from starting businesses), massive decreases in tourism (which was a primary industry in the country), and a government both financially and mentally incompetent at building domestic industry.
What claims is Jefferson making on the basis that king George's government has not fulfilled the purpose of government?
my massive willy
How does the government deal with tsunami?
They were taken over by the massive juggs of water
Why the labor union lost popularity In the late20's?
Workers saw then, as they see now, that unions can do nothing to slow or stop massive layoffs and firings in a bad economy. In the 1920's, before the NLRA, courts viewed unions as illegal conspiracies.
How did the US begin to emerge from the Depression?
What really ended the Great Depression was the pent up demand in consumer goods that ended as men and woman came home from the war. In fact the largest government layoffs in our history were in 1945 and 1946 and those year saw the great increase in our growth in our history. WHY the less government the more the market will fill in the voids and flourish. We grew at 30% GDP in the year after the war in spite of massive government cut backs and layoffs. War is never good and the New Deal was not the ending of the Great Depression. Although it might have kept us from going into communism or taking other routes some of the European countries took to deal with their economies. FDR did try. But pumping money into the system did not do the economy any more good than it is today under the present administration.Read more: When_did_u.s._get_out_of_the_great_depression
Is recession the government stealing your money?
No , but that has contributed to it. Originally massive bank were lending to corps and businesses ( that is the money you put in the bank ) and all of a sudden , everyone wants their money back. You can see what's going to happen... The banks don't have enough money to give to people , they go out of business etc Businesses are going out of business because they don't have a bank to lend from. Everyone has less money and the government is still stealing money from us. Like the VAT cuts makes a difference. Matty
The Massive government spending of the New Deal led to?
short term economic improvement
How did Raiders of the Lost Ark end?
The ark was being stored in a massive government warehouse.
What happends after a volcano erupts?
Massive destruction, mostly by fire, of homes, people, trees, wildlife, perhaps businesses, etc. for miles around the volcano.
What percentage of Americans earn less than 50000 dollars per year?
In 2012, 71% of individuals and 53% of households in the U.S. earned $50,000 or less. For more information, visit the Related Link. As of 2003 55% of American households made less than $50,000 a year. Two factors to consider in this number is that households is often the combined income of two people, and that we've just come out of a massive recession. So if you're looking for a percentage of households it reasonable to assume it's an even higher number. If you're looking for individual incomes it is much higher.
Is Los Angeles under a government consperiecy for a massive depopulation by your own military?
no the military is not responsible for it
