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Economy Questions and Answers (Q&A)

Explore hundreds of interesting Economy questions and answers (q & a).... Read More Become a part of the community, collaborate with the like-minded people from across the world, and share answers about Economy questions. You can also ask any question in case you do not find answers in our library or help someone by providing your best answer.

S. Barnes

Driving down to Knowledge town

Flying on an airplane can be both enjoyable and relaxing or problematic and annoying. It depends on where you sit and who you sit next to. Most people who fly first class or business class, really have it made. They get to board the airplane first, and then they have ample...Read More

2 Answers

T. Lopez

Let's see how far my knowledge stretches

There are so many differences between communism and capitalism, which must be clearly understood. Communism and capitalism differ in their approach as regards both political and economic ideology or philosophy. Communism simply means a political philosophy or ideology in which both the...Read More

2 Answers

This answer would be all about perspective and hence, opinions of people may vary. So let us answer this question from the perspective of a business with unlimited liability. Firstly, there are lesser number of formalities that companies with unlimited liability have to deal with. Apart f...Read More

1 Answer

There are many challenges facing the global economy. Certain events will put the global economy at risk. Man-made financial events such as increasing interest rates can impact the global economy for better or worse, depending on the timing and speed of the rate increases. Other man-made e...Read More

1 Answer

The reason gas prices you pay at the pump fluctuate so frequently is that the price for gas is dependent on what the retailers pay for the gas. The retailers pay gas companies. Gas companies charge for gas depending on what the current price is for crude oil. This is heavily dependent on supply...Read More

1 Answer

There are two main reasons why the government cannot just print more money to make everyone rich. The first reason is that there used to be a gold standard, meaning that for every dollar in the economy there was actual gold to back that dollar, so that if needed, cash could be traded for gold,...Read More

1 Answer

A full employment U.S. economy would be nearly impossible to reach. I think we could get within a percent or two, but zero unemployment would be an unrealistic goal. In theory, if every person in the U.S. who could work was working, the economy would be stronger. The government would not have...Read More

1 Answer

An aging and slow growing population can have very negative effects on a country's economy. Japan is a great example of this type of effect. As the population ages, elderly citizens require more care, which is expensive. With a slow growing population that means there are fewer people to take...Read More

1 Answer

There are several reasons for the economic upturn in the United States since 2016. One reason is that the economy has been in an upswing as it is recovering from the recession in 2008. In the 8 years since the recesssion, the economy has been recovering. This is due to careful strategic...Read More

1 Answer

There are lots of things that could trigger a collapse of the United States economy, but there are also lots of safety nets in place to prevent that from happening. The Federal Reserve's main job is to protect the economy of the United States and they enact policies based on science and...Read More

1 Answer

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