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Eco 372 Week 4

Satisfactory Essays

1.) Neutral - a balanced economy Expansionary - The government is spending or allocation more money than it collects Contractionary - the government is collecting more money than it spends or allocates
2.) Land - Physical land and natural resources Capital - All manufactured tools and aids used to produce consumer goods Labor - Physical and mental work to create goods/services Entrepreneurial ability - human abilities to find resources/make business decisions/create new products
3.) A Stock Market is a place where shares/stocks in a company are bought. An example would be buying stock from the company Apple. 4.) An Open Outcry is like an auction for stocks in which traders verbally submit their offers 5.) Trading is buying and selling stock …show more content…

The United States has spent so much money on the military that they have not taken much consideration into much else. This could put the United States into debt.
2.) There are environmental and resource costs.
3.) If the companies sales are down, people that work for the company would suffer.
4.) The wages of american's would go down because of the overall debt.
5.) People of the country would have to deal with how much money the state has
1.) Neutral - a balanced economy Expansionary - The government is spending or allocation more money than it collects Contractionary - the government is collecting more money than it spends or allocates
2.) Land - Physical land and natural resources Capital - All manufactured tools and aids used to produce consumer goods Labor - Physical and mental work to create goods/services Entrepreneurial ability - human abilities to find resources/make business decisions/create new products
3.) A Stock Market is a place where shares/stocks in a company are bought. An example would be buying stock from the company Apple. 4.) An Open Outcry is like an auction for stocks in which traders verbally submit their

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