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Sphinxa [80]
3 years ago
11

What impact did the rise of the middle class in the late nineteenth century have on the demand for consumer goods?

Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:

The middle class created a high and sustained demand  for consumer goods

Explanation:

Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are  part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class

This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.

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janie curtis borrowed $22,000 from a bank at an interest rate of 9% compounded monthly. this loan is to be repaid in 36 equal mo
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Answer:

Explanation:

Given:

  • PV = $22,000
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we need to find the payment per month:

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After we find out the Future value:

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At the end, the total amount she must pay at that time is:

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On January 1, 2020, Tamarisk Co. leased a building to Carla Vista Inc. The relevant information related to the lease is as follo
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The Neal Company wants to estimate next year's return on equity (ROE) under different financial leverage ratios. Neal's total ca
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From the attached excel, we can have:

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