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Most ensure the "Great Depression", but the times we are living in now will only get worse. Big corporations/the rich are controlling the poor/middle class by giving the corporations and the rich massive tax cuts. More money to the wealthy and less to the middle and under classes which will cause massive inflation.
Yes. The "Great Depression." And Inflation is indeed what threatens the economy, but it's important to know what causes inflation. Below is part of the definition from American Heritage Dictionary, but in simple terms, it is when there is a lot of money being put into the economy. This excess causes the value of each dollar to go down, so it costs more to buy a loaf of bread, for example. When the federal Reserve puts a lot of money into the economy, it causes inflation.
Inflation has nothing to do with class warfare, the rich against the poor.
"...or a persistent decline in the purchasing power of money, caused by an increase in available money and credit beyond the proportion of available goods and services."
Class warfare is very important because of the amount of money being put into the economy by each class. Inflation is also caused by printing more money than what's worth in gold that a country has.
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What was the first economic crisis and How was it further complicated?
With a giant penis
The US caused an economic crisis in cuba by?
passing a tariff on sugar
Is Ireland having a crisis?
yes! economic crisis
What was the nations first economic crisis and how was it further complicated?
its called your social studies textbook lolol
What is the difference between a financial crisis and an economic crisis and which of both affects the other most?
A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.
What was Barack Obama's first action as US President?
Obama's first act was to create jobs and alleviate the economic crisis.
What will Obama do to help the US?
Take the soldiers out of Iraq and get us out of this economic crisis!!
What was the first economic crisis and How was it further complicated?
With a giant penis
The US caused an economic crisis in cuba by?
passing a tariff on sugar
Do you agree that we are now in the economic and financial crisis?
Yes I do believe we are in a economic crisis
What are some forces that have unified the US?
Wars, 9/11, economic crisis, corrupt government
Is high education the solution to economic crisis?
Personally, yes education is the solution to economic crisis.
Is Ireland having a crisis?
yes! economic crisis
When will the crisis over?
You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?
How do you feel about the economic crisis in the US?
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
What will the 700 billion dollar bailout solve?
It will solve the economic crisis that has affected the US and the whole world
What was the nations first economic crisis and how was it further complicated?
its called your social studies textbook lolol
