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The circular flow of economic activity is characterized by?
How people produce (make money) and consume (spend money).
What do adolescence spend their money on?
that depends, different teens spend there money on different things. a majority spend money on music, make up, movies, social activities, jewelery, hobbies, clothes, school things, books, some spend it on drugs, alcohol, cigarette's, it varies.
Characteristics of free market economy?
free market economy is an economy ruled by the people, not the government. individuals make decisions about their employment, how to use or accumulate money what to buy and to save money or spend it.
Why do people make counterfeit money?
Because people want to make money without all the responsibility.
What is meant by overspending and unauthorised expenditure?
An organization must plan and authorize the money that it spends, also known as its expenditures. If the employees of an organization simply buy whatever they want to buy, without planning or authorization, then that organization will almost certainly run out of money and go bankrupt. Given unlimited opportunity to spend, most people are likely to spend too much. And even a very wealthy organization has only so much money to spend. So organizations make plans about how much they want to spend, and then to ensure that their employees will not violate those plans, they have only certain responsible people who are in charge of spending, who must give their agreement, in other words their authorization, before people can spend money. If there is more money spent than was planned, that is called overspending. And if money is spent without the authorization that an organization has asked for, then that is unauthorized expenditure. These things are certainly known to happen, and they endanger the finances of any organization in which they happen.
How do people make and spend money?
because they have to charge people . If they dont it will be unfair.
Why do cities spend more money on attracting new people than taking care of their own residents?
they spend more money because they will make more money
Why do people have to make and spend money instead of getting what they want by sharing?
there greedy
How to use money that we get as a reward?
With money, most savvy people would save the money, rather than spend it immediately. Although, it's not our choice to make; save it or spend it.
Why do Musicals make so much money?
Because People spend their money to be Entertained by Famous musicals from all around the world.
Does overpopulation make people rich or poor?
poor because if there is more people they will be getting money from selling goods.also if there is more people it makes them poorer because you will have to spend money on many people in the slums and everywhere else alos ifany war happens then they will have to spend they money on guns and armour rather than spending they money on hospitals and schools.
What color make you spend money?
Green
How can people make sure their budgets remain balanced?
Practice, and keeping track of every penny they spend. And, well, budgeting. They decide how much money they get to spend where and how much extra money they have and how much taxes will take and how much money they will have as free spending money and they stick to it
Is 50 a lot?
It is for everybody! Even the richest people in the world should spend their money wisely and make the most of what they have 😀
What is will smiths favorite thing to do?
have time to spend with his kids have time to spend with his kids
The circular flow of economic activity is characterized by?
How people produce (make money) and consume (spend money).
Cost of revenue?
The cost of revenue is the money spent to make profit for a business. All business have to spend money to make money.
