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Vinil7 [7]
3 years ago
10

What are some possible explanations for the low saving rate in the United States?

History
1 answer:
amid [387]3 years ago
3 0

Answer:

Americans stopped saving when their incomes stopped growing

The poor and middle class went into debt to buy houses

U.S. policies make it easy to not save money.

The U.S. is uniquely susceptible to conspicuous consumption.

The pressure to keep up with richer neighbors has been greatly exacerbated by rising income inequality

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Hitler signed this non-aggression pact because he wanted to be able to invade Poland without fighting the Soviet Union. He knew he would have to be fighting the forces from Great Britain and France on the west and didn't want his east to be fighting him as well.

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