answersLogoWhite

0

Makes borrowing more expensive and difficult. Makes it more difficult to finance many things: car & house purchases, starting new businesses, etc.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What was the nations most widespread problem under the articles of confederation?

slavery


What kind of economy do most nations in the world today use?

mixed economy


How did the panic of 1837 affect the the nation's economy?

it ruined the nations economy by no money


Which if these events can affect a nations economy?

all of these.!!


What types of jobs are on the increase in developed nations?

Jobs in service and information industries are on the increase in developed nations.


What was stalins goal called?

Stalin's primary goal was to transform the Soviet Union into a major industrial power through a series of Five-Year Plans. This ambitious initiative aimed to rapidly industrialize the economy, collectivize agriculture, and increase production to compete with Western nations. The policies led to significant economic changes but also resulted in widespread suffering, including famines and purges.


What is mixed economy in a sentence?

There any many nations in the world which have mixed economy. This is an example using the word mixed economy.


What powerful nations create large empires by controlling the economy and politics of the weaker nations?

Imperialism


What types of economy do most countries have?

Most nations have a Mixed Economy. Some, though, have a democratic.


How do capital and human capital increase the wealth and income of nations?

how do capital and human capital increase the gdp wealth and income of nations


How can global cooperation improve the economy?

Simply put, if nations can improve relations with each other, they can increase the levels of trade by rescinding trade barriers that exist because of political disagreements or favoritism.


Which resource of production is only one that nations can significantly increase in the short-term?

Capital resources is the only one that nations can significantly increase in the short-term.