Castner Cutthroat i think
In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers have to make up the difference.
When the stock dropped, basically the borrowers losing an amount of value of his assets. But since he bought the stock before the price was dropped, he had to make up the difference
This is an example of a balanced relationship.
<h3>What is a balanced relationship?</h3>
- It is one in which those involved have the same resources.
- It is one in which those involved are on the same social and economic level.
- It is one in which individuals exhibit equality in most respects.
Chandler and Harriet's relationship is balanced by the level of resources they both have, in addition to the egalitarian routine and the same goals for the relationship. This allows them to make decisions about the relationship more leniently, as both can bear any decision equally.
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In labour market the relevant measure is the prize floor!
Prize floor means that the workers do not need to afraid that their product will be sold for less than they invested in it - it therefore gives the workers a security of return and a security of their livelihood. It can for example be applied to farmers and their products.
