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omeli [17]
3 years ago
12

Why is strong consumer confindence important to an economy

History
1 answer:
s344n2d4d5 [400]3 years ago
3 0

Answer:

It also measures how people feel confident about the stability of their income. Your trust affects your economic decisions—as does your spending. Consumer confidence is therefore a key indicator of the economy's overall shape. When the economy expands, consumer confidence generally increases.

Explanation:

How Consumer Trust Surveys Work:

Many types of consumer confidence surveys are used all over the world but most of them work in the same way. Based on a random sample designed to be likely, the surveys merely ask a number of questions to evaluate the current and future outlook of the consumer in order to capture their views of the economy and financial situation.

Typically, questions cover such things as:

  • Current terms and conditions of business.
  • Over the next 6-12 months business conditions.
  • Current conditions of employment.
  • Conditions of employment for the next 6-12 months.
  • Over the next 6-12 months, total family income.

Participants are typically asked to reply to each question as "positive," "negative" or "neutral" and added up to the calculation of "relative value," respectively "1," "-1" or "0" This is then compared with the baseline "index value," frequently the initial value taken at the beginning of the survey—some decades ago. Finally, the indicator values are averaged to produce a commonly reported aggregate value.

The purpose of consumer confidence surveys is to predict future patterns of consumer spending with the premise that greater trust leads to greater purchasing and economic growth.

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How did immigration change the American experience? Would industrialization
Marta_Voda [28]

The US has typically benefited greatly from immigration. The most notable citizens of the US often came to the country as immigrants or first-generation citizens. In order to create a very open and happy culture that encouraged independence and ambition, we combined elements of the British core culture with the Nordic work ethic and values, the Irish mischief and love of the underdog, the Italian and Spanish influences, as well as those of the African, Chinese, and Mexican immigrants.

However, there have been instances when having too many immigrants has seriously affected the US. It has sparked several recessions and deflations. For instance, a rush of immigrants starting in the 1870s outpaced our ability to assimilate them, contributing significantly to the slump of 1890. Even worse, people were congregating in ethnic ghettos, which was seriously harming the country and destroying the pay scale, leading to an almost complete economic collapse. Similar trends are being observed with the influx of refugees and illegal immigrants into the US. Our economy is being destroyed by a lack of integration, ethnic ghettos, and labor excess, and national unity is hanging by a thread as a result.

Westward Expansion undoubtedly had something to do with immigration. At that time, the nation was experiencing a massive influx of immigration, which essentially compelled an expansion in order to provide immigrants and settlers with sufficient housing. I think the Westward Expansion would have taken place whether there had been an inflow of immigrants or not. Immigration made a significant contribution to the economy's and society's variety. The trading environment will undergo a significant transformation during this time due to the new skill sets that were coming from varied ethnicities. Without immigration, Westward Expansion certainly would have been conceivable. Earlier than immigration began to rise, colonists and settlers were already relocating west.

Thank you,

Eddie

3 0
1 year ago
How did the aztecs battle the spanish
Anuta_ua [19.1K]

Answer:

The Spanish campaign against the Aztec Empire had its final victory on 13 August 1521, when a coalition army of Spanish forces and native Tlaxcalan warriors led by Cortés and Xicotencatl the Younger captured the emperor Cuauhtemoc and Tenochtitlan, the capital of the Aztec Empire.

Explanation:

4 0
3 years ago
Match each word to the phrase that best defines it.
goldenfox [79]

Answer:

1- Dominant  --- most common or influential

2- Morals  --- ideas about what is right and good

3- Rule of law  --- the idea that everyone should be  treated equally by the law

4- Intrinsic  --- part of the basic nature of something

5- Ethics  --- a set of rules that govern behavior

Explanation:

1- Dominant is understood as that political, social or cultural position that is majority or predominant in a certain place or sector. For example, the dominant political stance in the university sociological sector in the United States is the Democratic Party.

2- Moral is the set of internal rules that each person has regarding their behavior and their relationship with the rest of society, which are imposed by the individual on the basis of his social, historical and religious context.

3- The rule of law is the system of law that establishes freedom, equality, and equity among all citizens who are members of a community or nation. Through this, equality is guaranteed before the law and illegitimate inequalities such as slavery are prohibited.

4- An intrinsic question is that which is inherent in the very existence of the individual or thing to which it refers. For example, for liberal thinkers, freedom is intrinsic to the human condition.

5- Ethics is the set of social and legal norms that govern the conduct of society, through norms that may be imperative and enforceable for individuals.

8 0
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Which events resulted from the Yalta Conference? Check all that apply.
melamori03 [73]

Answer:

A. Is the correct answer

Explanation:

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According to Confucius, which is a feature of an ideal ruler?
Ne4ueva [31]
Setting a moral example
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