Since capitalism is based around the production and trade, consumerism as a movement that promoted consumtion logically increased the demand and the production. The more people consumed, the more profit did the companies have. By definition, consumerism promotes over consumtion of goods and services that are not neccessary or needed. Using the means of marketing and promotion, companies affect people's behavior by increasing the demand for certain products and therefore creating trends. In consumerism, products lose their value and are easily replacable. Also the appetite for variety of different products is increased.
The International Monetary Fund encourages economic development following the fact that it’s an agency that helps to promote economic cooperation. This is following the maintaining an orderly system of world trade and exchange rates
D. the red area. is the answer.
Answer:
The federal reserve system gave only big banks loans/money to give out to their customers as credit, but many people had money in smaller banks, so when people started to fear after the Stock Market Crash of 1929 and take money out of the banks, not everyone was able to, so the banks went under and some people left without their money. This began to cause deflation, causing prices to drop, businesses cut costs which then requires them to let off workers, which begins the whole cycle again.
