create wealth with no assets of your own.
People borrow money to buys houses, to buy cars, to start businesses, to gamble in Las Vegas, and for many other reasons, some good and some not so good.
this is from social studies.the best time for people to borrow money is when
An example of credit is when someone lets you have something with only the promise to pay them later. Credit limits are often given by financial institutions allowing people to borrow up to a certain limit.
The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.
People may want to borrow money for various reasons, including financing major purchases like homes or cars, covering unexpected expenses such as medical bills, or consolidating debt to manage payments more effectively. Additionally, individuals or businesses might seek loans to invest in opportunities that can generate future income or growth. Borrowing can provide immediate access to funds that would otherwise take time to save.
One of the benefits of a global capital market is the large supply of funds available for people to borrow. Another benefit is the lower rate associated with borrowing compared to a generic capital market.
People borrow money to buys houses, to buy cars, to start businesses, to gamble in Las Vegas, and for many other reasons, some good and some not so good.
a network of what? businesses, computers, people?
Liberty Bonds A+
this is from social studies.the best time for people to borrow money is when
The chine's people invented the wheel borrow.
Liberty Bonds, also known generally as war bonds.
Advantages to international tourism include more customers for area businesses, and more money being brought into the economy. Disadvantages include added traffic, noise, and people.
Promotional pens are used by businesses who wish to display their logo on a writing utensil. They are fairly inexpensive, allowing businesses to provide a large number of people with promotional pens. People often keep these pens, and use them frequently.
Self employed
the bank
Creditors