Question 10 (3 points) The owner of a South African mining company wants to make more money from selling diamonds. He decides to
buy more mining equipment. Why does he make this decision? He can charge his customers for the equipment. He wants to invest in his workers so they are happy. He wants to invest in equipment to mine more diamonds to sell. He wants to be able to charge more for the diamonds.
He wants to invest in equipment to mine more diamonds to sell.
Explanation:
It makes more sense to me, personally, but if he wanted to sell more diamonds which is lots of money he could get more equipment to be better efficient. If he sold equipment as well he'd be putting himself out of business by giving his customers the chance to get diamonds themselves. Hope this helps :)
While consumerism during the 1920s boosted the economy, it also led to "higher debt," since many people took out loans in order to pay for things that they could not afford.
