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We were in the years 2003 + pulling ourselves out of an economic slowdown by lowering the interest rate, and loosening loan requirements. It wasn't just housing! In short, there was a huge money flow from abroad to finance our recovery, on the mistaken belief that the US economic boom would continue, Of course, those banks and financial institutions in foreign countries thought in time, their investments would increase in value, and could be sold. The opposite happened, and now there is a world wide credit freeze. == The economies of the world are intertwined and what happens in the US affects every country in the world. The US economy is approximately 30% of the the world economy, so anything that happens in the US will affect everyone. The US is the worlds largest importer and either the largest or second (Germany) largest exporter.
What else can I help you with?
How did World War 2 affect economy?
it increased wages
What is importance of people?
People are important because we affect the world a lot. We affect it naturally because we have the biggest affect out of all the living things in our economy but also because we are the superior beings.
What was the foundation of the seemingly robust economy of the 1920s?
After World War I, the American economy boomed for a decade. Part of it was profit from the war, but it was largely based on people purchasing products on credit and owing a great deal of debt. This caused the economy to seem successful, although it would inevitably crash.
What is internal economy of scale?
The difference between internal economy of scale and external economy of scale is that internal economies of scale come from within the business ; external economies come from or affect the world outside the business.
How did the war effort affect the economy after World War 1?
Technology developed during the war was used for consumer products.
How did World War 2 affect economy the economy?
it increased wages
How did affect the Great Depression affect the world economy?
the factory where close but the men that work on the job fail to complete the economy
How did the world war 1 affect the economy of the US?
it caused the economy to go down
How did World War 2 affect economy?
it increased wages
How did the World War 2 affect economy?
it increased wages
Did World War 2 affect the economy?
it increased wages
Did World War 2 have a big affect on the US economy?
Yes.
How did World War 2 affect German economy?
it was just dumb
How did world war war 2 affect the economy?
it increased wages
How did World War 2 affect the economy?
it increased wages
Haw douse the world cup affect south afroca?
It will help the economy
How did World War 2 affect the California economy?
The economy was better because the president donated a large amount of money for war supplies.
