(4-7 sentences. 3.0 points) 7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be helpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society.
Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences. 3.0 points) I would want to research the counrtys GDP how there bussniesses are and what there unenmployment rate is. 6.
(4-6 sentences. 3.0 points) 6. Explain which economic system (market, planned, mixed, or traditional) you think is best for consumers. Describe at least one reason why you think this system is best for consumers. (4-7 sentences.
Its not over board yet he knows how to control it and stay on track. 3. Describe a real or made up but realistic situation in which you would want to use installment credit. (2-4 sentences. 1.0 points) Business trip.
Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences. 3.0 points) I would like to move to Germany and I am researching jobs. I would look at that countries unemployment rate.
(2-4 sentences. 2.0 points) d. List at least four operating costs your business might have. (1.0 points) e. Consider the industry of your company and the current economy, and then explain how these factors might impact your company’s sales. If you do not think these factors would impact your sales, explain why they wouldn't. (2-4 sentences.
I’d also like to make a good budget system so I never have to stress about how much money I have or not having enough money for certain goods and services, or to even pay bills. 2. List two examples of goods you have purchased in the past or may purchase in the future. (Complete sentences are not necessary. 0.5 points) Groceries and clothing 3.
(0.5 points) Create a budget. Save and invest money. 2. What is trade? (0.5 points) The exchange of things of value.
Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) Financial planning skills can help you acquire more in term of finance and can also help you secure what you have. When you have skill to plan, you are aware of how to manage your account hence adding on your profit.
If inflation is increasing, which means the value of money is going down, it may make more sense to invest the money in investments that are likely to increase in value. 5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there. (4-6 sentences.