I need info about the economy, culture and physical charaterists about America.
Links would also be helpful
Already used wikipedia so no need to suggest it, xD|||America is big, beautiful but some of its citizens are crazy, as for the economy, they are emerging from the recession and their culture is Diverse.|||Well economy is mostly free market....if you can find someone to buy it you can sell it.
Unfortunately, culture and physical characteristics are EXTREMELY diverse over the country and I can't really sum those up for you.
Friday, December 2, 2011
What caused the economy to go bad?
I'm doing a project in my Government class and i need information on the economy and what cause all the job losses and raised prices. I've been having trouble finding that information...help?|||Search on the "Community Reinvestment Act"
Basically it was a government program that forced mortgage lenders to loan money to people to buy homes whom normally wouldn't be able to afford them. This ultimatly led to an massive increase in the foreclosure rate putting a huge stress on banks resultin in them reducing the number of loans they give out which led to business not being able to expand causing an increase in unemployment.|||I believe the cause of poor economic conditions is the mental capabilities of the world, evolution is the cause of the economy going bad. Economics is always the start or the end of the deadly economic cycles of Inflation and Deflation. There has never been a lot of foresight in the passed only fix it after it happens. Saturation of product, new products, two types of occupations one growth with the total population and one growth with the year to year increase in the population and the supply and demand of product. Raising price or inflation is good if it can be controlled and bank accounts compensated. The economic cycles of having only borrowed money in the economy has always been the major reason poor productivity All the money goes back to the bank which is imposable. People are insecure when preparing for their retirement, they are hoarders. Try reading all my questions and answers.|||Mostly the housing market crash. President Clinton (at the urging of Acorn) made it extremely easy for people to buy houses even though they couldn't really afford them by issuing variable rate loans, reverse mortgages, etc. When the interest rate went up, these people could not afford to pay their mortgage any longer, so banks started foreclosing on houses. Now, when a bank forecloses on a house, they lose tons and tons of money because they financed it for, let's say 250,000 and after foreclosing they have to sell it as quickly as possible to get back as much money as possible. So they auction off that $250,000 house for $95,000. A side-effect of this is that neighboring houses lose value. When you buy a house or get your house appraised, they look at similar houses that have recently sold and use that value. So your $250,000 is now worth only $95,000 because of all the other $250,000 houses around you selling for $95,000. When your house is appraised for much less, the property tax goes down, so the government is now getting less money from you every year. Less government money means less money budgeted for schools, street repairs, etc. When banks start losing money, they start making it really hard for everyone else to get money (loans) because they want to minimize their loss. This means less money going around in the private sector. Less money = people spending less money = businesses closing down, government debt, people losing jobs due to layoffs (businesses trying to stay afloat), etc etc etc it just keeps going and going and going. Now look back at the beginning of my post, and who was responsible for this? Who was demanding that "everyone should be entitled to a house"? ACORN. And who was in charge of ACORN at the time?
Obama.
And now you've all made him our leader.
Thanks, @-holes.|||There are business cycles in capitalist economies and many theories about what causes them. The reason you can not find an "answer" is that there isn't any, there is just arguments about what caused this one, and recessions in general. You should probably not talk about " causes" but just describe what happened. That is- there was an unsustainable increase in housing prices, and then in 2006 prices began to fall etc. http://www.google.com/imgres?imgurl=http鈥?/a>|||I think you can lay a lot of the blame on deregulation of the banking and finance industry. Freed from constraints, companies became very inventive in an effort to maximize profits and ended up making very bad choices.
http://en.wikipedia.org/wiki/Enron
http://www.sec.gov/news/press/2007/2007-鈥?/a>
http://www.businessweek.com/magazine/con鈥?/a>
http://en.wikipedia.org/wiki/Bernard_Mad鈥?/a>|||easy.. it's all over the net but the bias and short term memory... gives opinions that are incomplete and inaccurate..
we had a BOOM in the bush administration which wasn't controlled... too much spending and too many projects in many feilds such as development in housing and production of business franchises... along with spending.. loans, credit and other spending wasn't supressed..
we ran out of funds.... now we're broke and got to recover...
it's basic common sense.. too much no moderation.. we go bust.. this is age old wisdom.
look at the crash of '29 (1929) same thing.
we went BUST before the end of bush's administration... soo much production went on.. we lost our grip on spending and in order to catch up you gotta cut projects.. which means jobs are lost.. money is lost and many companies, tax payers... projects... funding available wasn't available to recover and was terminated in many cases... homes lost, banks closing or merging to recover and people sacrafice what they can until the AXE falls.
this has happened soo many times before.. look at the carter administration!
Basically it was a government program that forced mortgage lenders to loan money to people to buy homes whom normally wouldn't be able to afford them. This ultimatly led to an massive increase in the foreclosure rate putting a huge stress on banks resultin in them reducing the number of loans they give out which led to business not being able to expand causing an increase in unemployment.|||I believe the cause of poor economic conditions is the mental capabilities of the world, evolution is the cause of the economy going bad. Economics is always the start or the end of the deadly economic cycles of Inflation and Deflation. There has never been a lot of foresight in the passed only fix it after it happens. Saturation of product, new products, two types of occupations one growth with the total population and one growth with the year to year increase in the population and the supply and demand of product. Raising price or inflation is good if it can be controlled and bank accounts compensated. The economic cycles of having only borrowed money in the economy has always been the major reason poor productivity All the money goes back to the bank which is imposable. People are insecure when preparing for their retirement, they are hoarders. Try reading all my questions and answers.|||Mostly the housing market crash. President Clinton (at the urging of Acorn) made it extremely easy for people to buy houses even though they couldn't really afford them by issuing variable rate loans, reverse mortgages, etc. When the interest rate went up, these people could not afford to pay their mortgage any longer, so banks started foreclosing on houses. Now, when a bank forecloses on a house, they lose tons and tons of money because they financed it for, let's say 250,000 and after foreclosing they have to sell it as quickly as possible to get back as much money as possible. So they auction off that $250,000 house for $95,000. A side-effect of this is that neighboring houses lose value. When you buy a house or get your house appraised, they look at similar houses that have recently sold and use that value. So your $250,000 is now worth only $95,000 because of all the other $250,000 houses around you selling for $95,000. When your house is appraised for much less, the property tax goes down, so the government is now getting less money from you every year. Less government money means less money budgeted for schools, street repairs, etc. When banks start losing money, they start making it really hard for everyone else to get money (loans) because they want to minimize their loss. This means less money going around in the private sector. Less money = people spending less money = businesses closing down, government debt, people losing jobs due to layoffs (businesses trying to stay afloat), etc etc etc it just keeps going and going and going. Now look back at the beginning of my post, and who was responsible for this? Who was demanding that "everyone should be entitled to a house"? ACORN. And who was in charge of ACORN at the time?
Obama.
And now you've all made him our leader.
Thanks, @-holes.|||There are business cycles in capitalist economies and many theories about what causes them. The reason you can not find an "answer" is that there isn't any, there is just arguments about what caused this one, and recessions in general. You should probably not talk about " causes" but just describe what happened. That is- there was an unsustainable increase in housing prices, and then in 2006 prices began to fall etc. http://www.google.com/imgres?imgurl=http鈥?/a>|||I think you can lay a lot of the blame on deregulation of the banking and finance industry. Freed from constraints, companies became very inventive in an effort to maximize profits and ended up making very bad choices.
http://en.wikipedia.org/wiki/Enron
http://www.sec.gov/news/press/2007/2007-鈥?/a>
http://www.businessweek.com/magazine/con鈥?/a>
http://en.wikipedia.org/wiki/Bernard_Mad鈥?/a>|||easy.. it's all over the net but the bias and short term memory... gives opinions that are incomplete and inaccurate..
we had a BOOM in the bush administration which wasn't controlled... too much spending and too many projects in many feilds such as development in housing and production of business franchises... along with spending.. loans, credit and other spending wasn't supressed..
we ran out of funds.... now we're broke and got to recover...
it's basic common sense.. too much no moderation.. we go bust.. this is age old wisdom.
look at the crash of '29 (1929) same thing.
we went BUST before the end of bush's administration... soo much production went on.. we lost our grip on spending and in order to catch up you gotta cut projects.. which means jobs are lost.. money is lost and many companies, tax payers... projects... funding available wasn't available to recover and was terminated in many cases... homes lost, banks closing or merging to recover and people sacrafice what they can until the AXE falls.
this has happened soo many times before.. look at the carter administration!
What was the Colonial Virginia economy like?
I am doing a report on the Colonial Virginia... And I am having trubble finding information on the economy there... HELP!|||It was heavily dependent on growing tobacco. It's economy grew as Britain became more fond of tobacco and wanted the colony to produce more tobacco. Indentured servants, who were often poor citizens from Britain who came to the New World looking for money and land, often worked on the farms that produced this tobacco.
Information about the Russia economy?
What are some information regarding the 4 principal economic indicators (GDP growth, unemployment, inflation, taxation policy, other existing trade agreements) and their trends over the past 5 years?
Thanks!|||http://www.indexmundi.com/
Recent data may not be entered on the data base yet
Thanks!|||http://www.indexmundi.com/
Recent data may not be entered on the data base yet
What are the positive effects on swine flu (H1N1) on the global economy?
I've been hearing/watching a lot of bad things on a swine flu and I have taken a challenge to write an essay about the positive effects of swine flu on the on the global economy. However, the information seems so limited about it or maybe I'm just not good at looking for good information.
Can someone provide me with information/answer with some figures (numbers) or links to reliable sources. I really appreciate it. Thank you very much all.|||Hello Ceruleanxranger,
Sorry, but I can imagine only one 'truely' positive effect of this H1N1 pandemic ... it will provide the scientific community an excellent opportunity to learn more about various aspects of the normal SEASONAL flu.
Regarding the global economic situation, some pharmacy firms and HAND SANITIZER PRODUCENTS will likely take a profit from this global disease.... but I am not sure that this should be recognized as a 'positive effect' on the global economy.
It's much more likely that the global economy will actually SUFFER even more than it would have without this swine flu pandemic.
The source below present a few more details on the various HAND HYGIENE developments around the world.
I hope this 'sperspective' will be helpful!?
Thank you for your questions!
Martijn.
Can someone provide me with information/answer with some figures (numbers) or links to reliable sources. I really appreciate it. Thank you very much all.|||Hello Ceruleanxranger,
Sorry, but I can imagine only one 'truely' positive effect of this H1N1 pandemic ... it will provide the scientific community an excellent opportunity to learn more about various aspects of the normal SEASONAL flu.
Regarding the global economic situation, some pharmacy firms and HAND SANITIZER PRODUCENTS will likely take a profit from this global disease.... but I am not sure that this should be recognized as a 'positive effect' on the global economy.
It's much more likely that the global economy will actually SUFFER even more than it would have without this swine flu pandemic.
The source below present a few more details on the various HAND HYGIENE developments around the world.
I hope this 'sperspective' will be helpful!?
Thank you for your questions!
Martijn.
How do i get detailed information on the UK and US Economy ?
For the US economy: Forbes, US Census beareau, WSJ, Bloomberg
UK=hm-treasury.gov.uk news.bbc.co.uk
UK=hm-treasury.gov.uk news.bbc.co.uk
E.I in this bad economy!!! Any information or opnions will help, like always ! :D?
How do I get my employment insurance to kick in asap- got laid off 1 week ago, and im hearing things like its gonna take a few monthes, how bout if u dont have a few monthes?
PS - I am in canada (vancouver BC)|||government agencies love to lie to you (and us).....they are filled with incompetent people and liars (with some few good ones to get the work done)
ever heard it said, "dont take 'no' for an answer"
well, dont accept the answer they gave you (unless you dont mind waiting)
you could go in there and have someone give you misinformation (BS basically) and you could go home without questioning it or you could get of your duff and go back in there and ask again (you might get a different person or you might get a different answer)....even if you get a different answer, the one you like, dont believe it until the check is in yrou hand or the money is in your bank (unless you are rich and dont need the money, but you said this was not the case
the way i see it....this is the only money you will make and you dont have to work
so you need to go to that office every day or every week or every month until you get your money...dont sit at home and cry you dont have your money, do something about it
just cuz some moronic government worker gave you the wrong answer, your gonna stay at home and worry or go back and talk to their supervisor or apply via internet (which could be faster and have fewer problems)......
that they screw up is no surprise, it means little to them and they have many many people to help...that you let them screw up without checking on them regularly is a big mistake since you only have to keep an eye on one person's E I and if it doesnt come, it will be much worse for you than for some PAID government worker......
dont take it personally, but do SOMETHING...dont just sit there
PS - I am in canada (vancouver BC)|||government agencies love to lie to you (and us).....they are filled with incompetent people and liars (with some few good ones to get the work done)
ever heard it said, "dont take 'no' for an answer"
well, dont accept the answer they gave you (unless you dont mind waiting)
you could go in there and have someone give you misinformation (BS basically) and you could go home without questioning it or you could get of your duff and go back in there and ask again (you might get a different person or you might get a different answer)....even if you get a different answer, the one you like, dont believe it until the check is in yrou hand or the money is in your bank (unless you are rich and dont need the money, but you said this was not the case
the way i see it....this is the only money you will make and you dont have to work
so you need to go to that office every day or every week or every month until you get your money...dont sit at home and cry you dont have your money, do something about it
just cuz some moronic government worker gave you the wrong answer, your gonna stay at home and worry or go back and talk to their supervisor or apply via internet (which could be faster and have fewer problems)......
that they screw up is no surprise, it means little to them and they have many many people to help...that you let them screw up without checking on them regularly is a big mistake since you only have to keep an eye on one person's E I and if it doesnt come, it will be much worse for you than for some PAID government worker......
dont take it personally, but do SOMETHING...dont just sit there
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