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
Aleonysh [2.5K]
2 years ago
14

Why is it NOT recommended that consumers acquire debts?

Social Studies
1 answer:
Kryger [21]2 years ago
4 0
-<span>People do not know what they really want, so most debt is senseless.
Very often people take debts for absolute necessities so they really need those things - therefore the statement is not true.

-</span><span>The government taxes debt.
The government does not specifically tax debt, so it's false.

-</span><span>Debts always lead to bankruptcy.
-no, it does not always lead to bankruptcy, only sometimes

</span><span>Debts must be repaid with interest.
-this is true! this interest is extra money that people need to pay and it typically has a negative effect on their lives.

</span>
You might be interested in
Many adolescents feel that their own thoughts and experiences are far more extraordinary than those of other people. this is par
svlad2 [7]
This is part of their <span>personal fable
</span><span>personal fable refers to the view where individuals believe that they're special.
Under certain doses, </span><span>personal fable could make individuals obtain positive outlook that would motivate them in their life.
But, if </span><span>personal fable is not balanced by real life perspective, it will make them unable to face personal failure that would definitely happen at some point in their life.</span>
4 0
3 years ago
Who did most weasterns feel should be responsible for paying internal improvements
Kisachek [45]

Answer:

Political support began with Alexander Hamilton and his Report on Manufactures at the turn of the 19th century, and continued with the Whig Party, led by Henry Clay from 1832 until its demise in 1852, and then by the Republican Party from its formation in 1856.

3 0
2 years ago
Which vocabulary term is defined as “a decision made after considering all of the information available”?
STALIN [3.7K]

Answer:

Explanation:

Informed decision

8 0
3 years ago
Explain Operation Enduring Freedom
Ivan

Answer:

was the official name used by the U.S. government for the Global War on Terrorism.

(this is from google )

3 0
2 years ago
Read 2 more answers
How is the population of Nepal composed?
Kruka [31]
The population of Nepal is composed by process called census
4 0
3 years ago
Other questions:
  • Which model of incarceration focuses on the goals of deterrence, incapacitation, and retribution?
    10·1 answer
  • A map’s title is used to
    6·1 answer
  • What did the united states gain from pinckneyś treaty
    13·1 answer
  • How did jefferson view the supreme court precedent of judicial review?
    9·1 answer
  • HELP ASAP
    12·1 answer
  • Do you think consumers liked the
    12·2 answers
  • What was a common belief held by Frederick Douglass, William Lloyd Garrison, and John Brown?
    8·1 answer
  • In some cases concerning _____, a governor may refuse to extradite a fugitive.
    12·2 answers
  • Why was galileo galilei charged with heresy??
    10·2 answers
  • The ______ theory argues that job satisfaction depends on whether you feel that your job supplies the things that you value.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!