answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What happened when the Dow Jones Industrial Average began to drop sharply in late October 1929?

investors raced to get their money out of the stock market


What was the bank run of 1930 an what are some reasons it happened?

The bank run was when all the people from the town wanted to withdraw all there money at once


Why did people start making paper money?

People began making paper money to address the limitations of metal coins, such as their weight and bulkiness, making transactions cumbersome. Paper money was more portable and easier to produce, allowing for greater convenience in trade and commerce. Additionally, it facilitated larger transactions and helped standardize currency, enhancing economic efficiency and stability in growing economies.


What happened to the nation's money supply in the 1930's?

This obviously is linked to the Wall Street Crash of 1929. Following the Treaty of Versailles America began to inject billions of dollars into Germany to sustain and rebuild its economy. Following the Wall Street Crash America tried to regain much of this money to limited success. America went into recession for many of the same reasons as it has today.


What are people spending their money on?

Generally speaking, people are spending money on things that other people are selling, that are things that they want. This is a fundamental law of economics. Beyond that, answering your question depends very much on which part of the world you are talking about. In the developing world, people spend their money on food, business, housing, other in that order. In the developed world, people spend their money on other, housing, business, food in that order. In the developing world, "business" really means expenditures on what it takes to grow food. In the developed world, "business" means professional clothing, education, professional dues, etc, i.e. expenditures associated with earning money. Other for the developing world means clothes, appliances, entertainment. Other for the developed world includes clothes, appliances, entertainment, but also includes iPads, ice cream and iTunes. The simple fact that these four categories are reversed between the developing world and the developed world should give the person asking the question pause to possibly refine their question.

Related Questions

Why some people began to question slavery and the inequality of women?

because they did not have money and died to josh from someone


When does a government print money?

They began using money when people were selling slaves in the Dark Ages.


What was the impact on people when the great freeze happened?

People lost money and died


What are some of the problems that happened?

The promlem is people don't have money.


What happened when Jurgis tried to get change for his money at the saloon?

Jurgis was cheated by the bartender at the saloon, who gave him counterfeit money back in exchange for Jurgis's real money. This left Jurgis feeling frustrated and powerless, as he realized how dishonest and manipulative people could be in the city.


Who said Holocaust happened because people hated money?

your maw!!!!


What happened to coast federal saving bank?

Money collectinc for the people


What happened before people had no way to borrow money?

they didnt use it


What happened when the Dow Jones Industrial Average began to drop sharply in late October 1929?

investors raced to get their money out of the stock market


How does money balance affect past society?

Answer Your question is a bit out of date. A balance of money has nothing to do with what happened in a past society, it's what happens to that money now that counts.


What happened when Charles 1 asked for money to fight the Irish?

Trick question. You can fight the Irish for free.


What happened when the Roman money lost value?

When the Romans money lost its's value, many Romans began to barter. The money lost it's value because less gold was brought it, so less gold was made into the money. Hope this helps(: