Aristotle was the student of Plato
Answer: barter
Explanation:
In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
Strengthening economic regulations is a fundamental element of supply-side economics. The purpose of Supply-side economics is to achieve maximum economic growth through capital investment and the lowering of barriers on production. This type of economics also focuses on the consumers who can benefit to greater supplies of goods and services fixed at lower prices. Investment expansion will also lead to higher and better chances of employment for all.
To God, to mankind, and to his environment
Answer:
Inflation rose to 10%
Explanation:
The Roaring Twenties was a period of economic boom and prosperity in the United States of America and Europe. This was just after the World War I that ended in 1918.
An indicator of prosperity in the 1920s includes the following;
I. Unemployment was 3.7: an unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The lower the rate of unemployment, the higher the employed rate and vice-versa.
II. Wages was up: this simply means that the minimum amount of money (wages) received by the employees increased.
III. GDP rose: Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
However, an inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
This ultimately implies that, inflation can never be an indication of prosperity in any country's economy.
