That means if people need money to increase their standard of living, it is not very beneficial to borrow money from banks because of too high interest rate that banks offer. ... The second monetary tool that can be implemented to increase the standard of living is to use the amount of money in the circle (the whole economic circle). The central bank has the priority to increase or decrease the amount of money in the state. This priority may let the bank to print extra money and put them into the circle (to people in way of increasing wages, to companies in way of subsidies). ... If people wil...

• Word Count: 1457
• Approx Pages: 6
• Grade Level: High School

This results in increasing number of pollutants. ... As a result the unemployment rate increases. ... Money place a vital role in a common man's life. ... If the number of youths seeking for welfare increases, the tax rate also increases. ... And crime rate also increases. ...

• Word Count: 1236
• Approx Pages: 5
• Grade Level: High School

On average, people's wages stayed the same even as prices for these goods increased. ... "From 1923-1929 output per worker increases 32%.... The number of failed banks increased as desperate bankers called in loans in which the borrowers did not have the time or money to pay the banks back. ... In fear of losing their money, large amounts of bank customers flooded the banks to withdraw their money. ... "Industrial production increased 50% , but workers could not buy goods as fast as the industry them because their wages were just too low and could only spend their money on the t...

• Word Count: 1629
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

Throughout the nation, unemployment is low, there is an increase in the output of goods and service, and consumer spending is high. ... Eventually, the gross domestic product will slowly increase, and this shift in the economic cycle leads to a period called recovery. 2 Recovery is the period of renewed economic growth, and is characterized by reduced unemployment, increased consumer spending, and businesses expanding. During this stage, businesses pick up, people find jobs, the poverty level goes down, and the demand for goods increases. ... If the economy didn'...

• Word Count: 346
• Approx Pages: 1
• Grade Level: High School

An increase would help the economic recovery and by raising the minimum wage people would spend more money and decrease our debt. ... The first reason is it would help increase families income. ... By the wage going up more Americans have more money to send on their wants and that helps boost the economy. ... It would also increase the Growth Domestic Product. ... After looking at the three counter arguments of increasing the minimum wage and looking at the downfall of an increase. ...

• Word Count: 1112
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

Stocks are a piece of a company that a citizen can purchase and own, and depending on whether the market goes up or down you either gain money or lose it. ... If you were smart at this time, and saw that the business's market was rapidly increasing, you would sell your stock and earn the highest you possibly can. ... They would risk all the money they had for a chance to eventually earn more. ... If you didn't have the money to purchase a product, you could simply use credit and pay it back in installment plans. ... Another main problem with installment plans is that consumers at th...

• Word Count: 600
• Approx Pages: 2
• Has Bibliography
• Grade Level: High School

When the cost of production increases aggregate supply decreases, thus reducing overall GDP. ... Their argument is that our nations GDP will increase by a larger magnitude when the poorest that can't save have more money. By increasing wages, you increase consumption. And the increased structural unemployment created by machines replacing workers will be offset by the increased demand spurred by this newly found wealth. ... By raising the minimum wage, the workers will then continue to spend money in our economy which as a result will help our economy grow. ...

• Word Count: 878
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

The belief behind this system is that people who make more money should pay more in taxes. ... As the cost of providing education and local government services increase, state fiscal assistance must increase. If the state's revenue system takes a hit by cutting income tax, how will the increase be supported? ... You can argue that more money will be spent; therefore, create jobs, but what if people do not spend? With uncertainty in the economy, the extra money received may not be spent and instead saved. ...

• Word Count: 971
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

Many factors such as poor wages for women and the increase of single-woman parented families have caused an increase in the percentage of women among the poor. ... One way to eliminate these numbers would be to increase the minimum wage. ... They believe that many of the poor just take advantage of the welfare system and look at it as free money. One ignorant view of some better off people is that I had to work hard for my money, they should have to as well. ... In my opinion, welfare money can assist them with this. ...

• Word Count: 1549
• Approx Pages: 6
• Grade Level: High School

The car industry provided jobs to people and allowed money to be spent. ... The banks would only hold a fraction of the money that the people deposited so when people were becoming uneasy with the stock market crashing and wanting to take out their money, the banks failed in returning the people their money back. ... In order to get an economic bust, people need to feel confident in spending their money as opposed to not wanting to take the risk of spending money to prevent from ending up with no money to pay for bills and the necessities that one needs. ... If companies can't have mass ...

• Word Count: 1117
• Approx Pages: 4
• Grade Level: High School

Money and Banking 21st Century Economic issues February-10-1999 Economic Issues for the 21st Century We all have several questions. ... However in 1995 personal savings began to increase. The reason for this was probably one of two reasons: 1) a trend to increase savings as baby boomers were starting to stash away some of there money for retirement and 2) a boom in the economy had started in 1995 whereby giving us more income to divert to some type savings or investment plan. 4. ... Measures taken to provide cleaner air and water and reduce the risks of environmental disasters suc...

• Word Count: 1589
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

This is the main way of raising money for the business. The person who purchases stock is doing so as an investment, a means of making money. ... Grocery stores are reporting an increase in grocery deliveries. ... This all means people are staying home, not spending money, which effects the economy and stocks take a drop. ... Cable news stations showed double digit increases. ...

• Word Count: 502
• Approx Pages: 2
• Grade Level: High School

Welfare Welfare, money given to families in need, is not free money. ... It also says nothing about even distribution of the money. ... The states provide the rest of the money and administer the program. ... Spending on welfare would have to increase greatly to eliminate poverty, and many people believe the cost is already too high. ... But welfare does discourage some recipients from working harder by reducing benefits if their income increases. ...

• Word Count: 1133
• Approx Pages: 5
• Grade Level: High School

Investors lost tons of money and those who had borrowed money were wiped out completely. ... Banks failed to give back money to the people. ... In response to that, Hoover increased tariffs and raised interest rates, which only made things worse (Smiley, Gene). ... Two policies, labor cost increases and a contractionary monetary policy, caused the economy to contract further. ... It could, but such an event is unlikely because this time the Federal Reserve Board is unlikely to sit idly by while the money simply falls by one-third as unemployment rates rise. ...

• Word Count: 629
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

Increasing pay increases the cost of doing business, meaning companies will either have to increase income, or reduce costs in other areas. If it was as simple as increasing income, companies would do that anyway. ... With that, now we have some people earning more money, but more people without jobs, making us no better off than when we started. ... With the minimum wage so low, people can earn more money sitting on the couch collecting a welfare check than they could flipping burgers for minimum wage. ...

• Word Count: 882
• Approx Pages: 4
• Grade Level: High School

This change involved government intervention and meant that finacial resources were used and borrowing was increased. ... This resulted in cheap exports and meant Britain could make more money. ... As a result this led to slum clearance, an increase in lower rent council housing . ... This change resulted in money coming in and employment rising due to the demand for houses. ... This meant that some industries were take over by the government and had money injected into them. ...

• Word Count: 1542
• Approx Pages: 6
• Grade Level: High School

If they are ready to sacrifice everything they are ready to do anything including stealing, killing which can lead to an increase in crime. ... When we open more factories it means that we would have an increase in exports. Increased exports will mean a stronger economy in Kosovo. ... If they know that you have money, they will say that you need stents. ... People are staying home without having money in their pockets. ...

• Word Count: 1626
• Approx Pages: 7
• Grade Level: High School

e.g If the government needed to cut unemployment they would budget for a deficit so more money is injected and less money is taken from the economy by less taxes and higher expenditure raising employment. ... It controls the availability of money by influencing the level of interest rates. ... By lowering interest rates the government encourages spending thus increasing the level of economic activity. ...

• Word Count: 425
• Approx Pages: 2
• Grade Level: High School

This is not at all the reason to the increase of homeless people since that time. ... Also there is reason to think that the homeless have increased to the abandonment of many low-income housing. The main reason for the incline of so many homeless people is caused by our economical increase. ... There is a big demand for shelter at a low-level rent for those with less money. The government should provide these, so that we can eliminate this increase of homeless people in America. ...

• Word Count: 508
• Approx Pages: 2
• Grade Level: High School

It's hard to live a normal healthy without a job and money. ... It also prevents one from doing many things and activities, even though their amount of leisure time has increased. ... Twenty thousand dollars may seem like a lot of money to some people, but with no income that money gets spent before you know it. ... The stress of not having anything to do and having no money may start to build. ... It becomes a much bigger issue than just having no money. ...

• Word Count: 691
• Approx Pages: 3
• Grade Level: High School

One reason was that there was increased manufacturing output during the period. ... The bulk benefit of the increased productivity all went on into corporate profits and this created an unstable economy in that the profits were inflated. ... This allowed the rich men to keep most of their money; now, a man with a million dollars could only pay $200 thousand dollars instead of $600 thousand. ... If someone wanted to just put down money for 100 shares and borrow money for 900 more, they would be buying $85000 dollars of RCA, paying only $8500 of it, and their stock would go up to $4.2 million...

• Word Count: 887
• Approx Pages: 4
• Grade Level: High School

Poverty is the lack of money, need or scarcity. ... Although it did help some people, poverty rates in general have increased greatly. ... People cannot save their money because they have to spend it on debts and credit card bills. ... Instead, they save their money, rather than putting money out there. ... If all the classes spent just a little part of their money maybe, just maybe, we could help out poverty rates. ...

• Word Count: 841
• Approx Pages: 3
• Grade Level: High School

The Means test was set up to basically save the government some money. ... Wireless sales increased with 11 million in British homes by 1939. Daily paper sales were increasing and new shops were opening, e.g. ... All had the task of providing goods to a population with money to spend. ... House building and buying increased. ...

• Word Count: 1656
• Approx Pages: 7
• Grade Level: High School

Despite of many aids from both government and communities, the rate of homeless people keeps increasing every year. ... Since homeless people are those with lack of money, they receive negative view from the society. ... In the fact, the rate of people having been on the street for years is increasing. ... The increasing rate of homeless people on the street causes unstable lives in local areas. ... It is because the money that used to pay for the food comes from those food stamps. ...

• Word Count: 1989
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

The logical is that when people have more money, they will spend it creating a stimulating economy. ... The greater or the longer people are without, the more money they have to give out for people that qualify for unemployment benefits. ... The tension from overall unemployment can increase general health issues. It can create trouble at home, increasing the number of divorces. ... Crime, violence, suicide cases can all increase. ...

• Word Count: 1235
• Approx Pages: 5
• Grade Level: High School