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When people make more money, it generally leads to increased consumer spending, as individuals have more disposable income to purchase goods and services. This boost in demand can stimulate economic growth, prompting businesses to expand and hire more employees. Additionally, higher incomes can lead to increased tax revenues for governments, which can be invested in public services and infrastructure. Overall, rising incomes contribute to a more vibrant and dynamic economy.
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How does the changes in economy affect business?
make people lose their business
How different monetary policies affect the money supply and economy?
Monetary policies can either make money move through the economy quicker or restrict it. When interest rates are low, money tends to flow through the system quickly.
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 does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
What is the major thing the hospitality industry puts into a nation's economy?
itis people who work in the industry to make money
How does the changes in economy affect business?
make people lose their business
How did high tariff affect economy?
Factories and industries could make more money on their goods.
Why is united states department of commerce and the bureau of economic affairs no longer going to tell the American public what foreign investors are buying in the united states?
their economy is so corrupted and they need money so they make people buy stuff to get the money their economy is so corrupted and they need money so they make people buy stuff to get the money their economy is so corrupted and they need money so they make people buy stuff to get the money their economy is so corrupted and they need money so they make people buy stuff to get the money
How different monetary policies affect the money supply and economy?
Monetary policies can either make money move through the economy quicker or restrict it. When interest rates are low, money tends to flow through the system quickly.
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.
How are animals important to Alaska's economy?
People can fish and hunt and make their money that way
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
What happens in a slow economy?
People become more cautious and don't spend there money. In result, not as much money is injected back into the economy. Businesses suffer and will not make there bumper profits.
Why people interested in marketing?
They just wanna make more money to somehow improve the country's economy.
How does overpopulation keep the economy growing?
more people can make more jobs which means more money
How did the Phoenicians make a money economy?
Trade.
What is the major thing the hospitality industry puts into a nation's economy?
itis people who work in the industry to make money
