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What else can I help you with?
When used to accumulate wealth money functions as a?
Store of value
What are human made resources?
Human-made resources, also known as capital or capital resources, is material wealth created by humans that can be used to create more wealth. Examples include money, factories, roads, and technology.
Can anyone in America define capitalism?
A situation where private money and wealth is used in the production and sales of goods, where the profit goes back to private stockholders.
Should the rich have to pay a greater portion of their income in taxes than the poor?
Yes, provided the money is used for the greater good like medical research. You only need so much money to live or even pursue hobbies; anything after that is just unnecessary vanity and greed.
How did Andrew Carnegie use his wealth?
He used his wealth to donate to over 350,000,000 dollars to diffrent organizations
When used to accumulate wealth money functions as a?
Store of value
What did the highway man do?
He used to rob rich people of there money and wealth.
How is innovation used in sustaining rapid wealth creation?
Innovation is used in sustaining rapid wealth creation because people are always looking for new ways to make money. By finding new ways to make money they can sustain their rapid wealth creation.
Where do the money if it is not being used?
When a currency is no longer being used that money (most of it) is melted and used again to produce new currency
How can you get RuneScape money for free?
If you ask a friend who used to play RuneScape, you may be able to get their wealth.
Why was feudilsm used?
protection & safety (through knights); wealth, money, income, crops, food, etc
What is productive capital?
Productive capital are assets that are used to produce wealth. They are usually machines, factories, and other tools of mass production.
Why are wealth and income used as dimension of social stratification?
In general, money is the most important factor in determining which social stratum a given person will belong to. There are some exceptions - some cultures value age, wisdom, holiness, beauty, athletic ability, etc., more than money. But money is, on the whole, the most important. Money is power.
How is innovation is used in sustaining rapid wealth?
Innovation is used in sustaining rapid wealth because it seeks to find new avenues of income. By constantly coming up with new ideas, it is possible to continue making money indefinitely.
Do banks create money?
If you mean to make money, no. The government produces the money that is used. Banks are just institutions that are used by people to deposit money, get loans, and to invest in various areas of business. Alone they do not produce money.
What is the difference between cash and money?
Wealth is a term used to describe anything which can be a utility depending upon the need. In terminology of economics wealth is a pool of tangible or intangible assets such as goodwill or strong brand image which can be a resource of gain. While money is the valued entity which can be exchanged for another utility item. It's different from the wealth which is a more general word to express pool of utility. Money can be considered a subset of the set wealth. A demand draft or credit card can qualify as money. But cash is specifically used for a means of exchange which is approved by a regulatory body as currency. So dollars and euro come under the category of cash, and cash is a subset of money. -JP Morgan
What are hydraulics used in?
Used where there's a need to produce a greater force using a smaller force. E.g. Car brakes Lifting cars in garages
