How do individuals affect economic trends?
Individuals affect economic trends by spending their money. When people think that the economy is going to get better, they start to spend more, because of their expectations that an improved economy will lead to higher incomes. The opposite is true in downturns. People save more when they think a recession is coming. ChaCha on!
Answered -
Related Questions
-
Senators are allowed more freedom because the Founding Father...
-
How did the crash affect individual investors, brokers, and banks around 1929?
The stock market crash devastated the American economy becaus...
-
The decisions of the United States Supreme Court in Miranda v...
-
How would individual rights be affected if the government made all the market decisions?
Socialism is an economic system in which the means of product...
-
How does federalism affect the guarantees of individual rights?
Federalism affects the guarantees of individual rights becaus...
Comments