1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BARSIC [14]
3 years ago
8

The number of individuals who experience credit problems has grown in recent years. What factors have contributed to this growth

? What should be done to reduce this societal problem?
Business
2 answers:
german3 years ago
8 0
Hi!

A lot of times, credit problems arrive from pleasure shopping. These are things that we don't need, but rather want.

Instead of actually saving and buying something with <em>real </em>money, many people just say 'I'll just put it on credit'. They want it <em /><em>now, </em>not later.

This is a <em>very </em>dangerous path which can lead to a lot of debt. In order to reduce this, proper education will have to be given.

People need to be educated on what they should and shouldn't use credit for.

Hopefully, this helps! =)
dexar [7]3 years ago
6 0

Answer:

  • Many times, credit problems occur from satisfying shopping. These are those things which we don't need, but still, we want.
  • Instead of purchasing and buying goods with real money, many people just say 'I'll just put it on credit'. They want it now, not later.
  • This is not the safest passage this can lead to a lot of debt. To reduce this, proper education will have to be given.
  • People need to understand what they should and shouldn't use credit for.

You might be interested in
What type of stores rely on their large size and very deep selection to try to dominate the market?
andrew-mc [135]
Power retailers are the stores that rely on their large size and very deep selection to try to dominate the market. 
Specialty stores are small, so you can eliminate that option immediately. Department stores are usually found within another store, so that's not correct too. Discounters don't have a very deep selection, they usually sell a lot of various things. Anchor stores are found within malls, so that's incorrect too. 
8 0
3 years ago
What is the purpose of AH&amp;LA ?
Kryger [21]
AH & LA was made to focus on the needs of every segment of lodging industry.
5 0
4 years ago
41 had investments in stock funds 91 had investments in bond funds 60 had investments in money market funds 47 had investments i
Evgesh-ka [11]

Answer:

The answer is "22 and 80"

Explanation:

The important part is to understand how the Venn diagram can assist you with your numbers.

You cannot draw this one, and you can create one as follows:

the 3 sorts of funding, then make your way back thru the list

this is the figure in the center - "22 had all 3 funds"

where the four dimensions meet. In the next three statements, you'll be able to:

Work out where 2 circles connect (remember all 22 of those circles are connected).

That's because the numerals have been already placed throughout the center zone.

bond & money market solenoid valves at a ratio of 36-22=14

36-22=14 as to where the corporate market and the term deposit intersect

47-22=25 as to where equities and bonds connect You can use the top 3 statements to work out all the values in a table.

(Set of) just one circle (circle)

for stock the number is 141-(22+14+25)=80

for the bond, the number is91-(22+14+25)=30

for the money market, the number is 60-(22+14+14)=10

(universal set) Lastly, get the number that goes into the rectangle.

\to 200-(80+30+10+25+14+14+22)=5

a) 22\\b) 80

7 0
3 years ago
The demand function for widgets is given by D(P) 16 2P. Compute the change in consumer surplus when the price of a widget increa
eduard

Question: The demand function for widgets is given by D(P) = 16 − 2P. Compute the change inconsumer surplus when price of a widget increases for $1 to $3. Illustrate your result graphically

Answer:

For price of a widget equal to $1 consumer surplus is

D(1) = 16 - 2(1) = 14

CS₁ = ½ × (8 – 1) × D(1) = ½ × 7 × 14 = 49.

When price is equal to $3 consumer surplus is

D(3) = 16 - 2(3) = 10

CS₃ = ½ × (8 – 3) × D(3) = ½ × 5 × 10 = 25

8 0
3 years ago
Creative Sound Systems sold investments, land, and its own common stock for $39 million, $15.9 million, and $41.8 million, respe
Mnenie [13.5K]

Answer:

Creative Sound Systems should report  $15,9 million as net cash flows from financing activities.

Explanation:

Consider only items relating to financing activities.

Cash flow from  financing activities

Proceeds from Sale of common stock         $41.8 million

Purchased of treasury stock                        ( $25.9 million)

Net Cash flow from Financing Activities       $15,9 million

8 0
3 years ago
Read 2 more answers
Other questions:
  • Freddy is purchasing a new car, and he has decided that gas mileage, price, reliability, and styling are important to him. These
    7·1 answer
  • As of December 31, 2019, Armani Company’s financial records show the following items and amounts.
    11·1 answer
  • To be successful a topic must be appropriate the audience, speaker and
    11·1 answer
  • when creating content for an audience that may be visually impaired to a point be sure to choose_____?
    15·1 answer
  • Candy Emporium is a legal entity whose assets and liabilities are separate from its owners. It can receive, own, and transfer pr
    14·2 answers
  • You purchase a $500 bond that pays 2% coupon yield ($10), and the bond is currently trading for $400. What is the current yield?
    5·1 answer
  • Where do banks get money to lend to borrowers?
    7·2 answers
  • Following is partial information for the income statement of Audio Solutions Company under three different inventory costing met
    9·1 answer
  • Portland Sardines produced $14 million worth of cans of sardines. In producing these cans of sardines, it purchased $2 million d
    5·1 answer
  • A person that studies how economic theories such as capitalism, socialism, and
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!