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Q: One having wealth who lives miserably to increase his hoard?
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Continue Learning about Economics

What is the name of the person if they hoard money?

A cheapskate. Or a money hoarder. Or a tightwad.


When disaster hits why does the cost of food and gas go up?

People attempt to hoard goods, reducing supply and increasing demand. The price therefore increases.


How do scarce resources influence you personally?

Black Friday is a perfect example of how people react to scarce resources. They become overtly violent, protective of their space, and will hoard the smallest item.


How does mercantilism differ from capitalism or the free enterprise system?

Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test


What is merchantilist economic theory?

Mercantilism is an economic theory which espouses two clear ideological assumptions: 1) that the goal of an economy is to enrich the country it resides in to it best extent; 2) to complete this, countries should accumulate - and hoard - coinage, especially in gold, and protect their industries. Mercantilism believed that the amount of world trade was limited, and that trade itself was a resource. Countries who exported more than they imported profited from trade while those who imported more lost out. Therefore, countries sought to export as much as possible in exchange for coinage and become self-sustaining in imports. Mercantilism went well with imperialism in the 15th-18th centuries, because it justified conquest and expansion of Europeans nations as a means of economic growth and self-sustenance.

Related questions

What happened to thorins wealth?

It was stolen by Smaug the Great Dragon, and added to his hoard.


What happened to thorin family wealth?

It was stolen by Smaug the Great Dragon, and added to his hoard.


What is the moral of the story The miser who lost his hoard?

The moral of the story "The Miser Who Lost His Hoard" is that wealth and possessions are temporary and can easily be lost. It teaches the importance of valuing relationships and experiences over material wealth. Greed can lead to a person's downfall, while generosity and kindness bring fulfillment and happiness.


What is a 5 letter word meaning wealthy?

This could be H for hoard T for trove


What are synonyms for accumulate?

build up, increase, be stored, collect, gather, pile up, amass, hoard


What is the homophone for hoard?

The homophone for "hoard" is "horde."


Is there another name for treasure?

prized possession, catch, gold, hoard, jewels, money, nest egg, paragon, reserve, riches, stores, trove, wealth


What is the birth name of Leroy Hoard?

Leroy Hoard's birth name is Leroy J. Hoard.


Can you use hoard in a sentence?

We but tins of beans when they are on offer and hoard them in the garage.I have a hoard of old magazines under my bed.


What rhymes with white board?

slight hoard fight bored night hoard light hoard etc


Can you put the word hoard in a sentence?

Do not hoard money.


How many boards did the mongols hoard?

The mongols hoarded as many boards as they could hoard if they could hoard boards.