How is capital used in the economy?
To pay for goods and services.
What causes unemployment?
What is the problem with business
High supply, low demand
What is growth?
how good the products and services are in the country.
What is money?
a current medium of exchange
yes
What is an economy?
An economy makes the whole world function
Is Business profitable?
yes
What is supply?
to make something or what to provide to someone.
How much money does the government owe?
over 30 trillion dollars
What are the demographics and are they favorable for growth?
age, race, ethnicity, gender
Is the community important?
Yes communities are very important
What is one example of a Business idea?
real estate
What is demand?
how much a person or people want a product.
How long can a coin last for?
over 30 years
How do interest rates impact the economy?
When interest rates fall, that tells you economic growth is weakening, and policymakers are trying to support growth.
the community is not under control and some banks could go bankrupt
Is real estate more of an easy business to start?
no real estate is very difficult to start
Is America growing as an economy?
Yes America is expanding as an economy
What was the highest bill ever issued?
$100,000
What is the stock market?
A stock exchange
What makes the community so important?
The people who make up the community are the most important.
What is the most challenging form of business?
SMMA
How can capital grow?
by people or a market needing demand for that specific product increasing wealth
Why do we need money as a currency?
without money everything would have any value making it impossible to function in society.