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How does a widespread increase in personal debt affect a nations economy?
Wiki User
∙ 10y ago
Makes borrowing more expensive and difficult. Makes it more difficult to finance many things: car & house purchases, starting new businesses, etc.
Wiki User
∙ 10y ago
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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 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.
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.
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
What types of jobs are on the increase in developed nations?
Jobs in service and information industries are on the increase in developed nations.
Which if these events can affect a nations economy?
all of these.!!
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.
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
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 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.
What type of economy do most nations have?
Most nations have mixed economies, where both the government and the private sector play a role in economic decision-making. In these economies, elements of both capitalism and socialism are present.
