Economic Overview In Auto Industry

Essay specific features

 

Issue:

Business

 

Written by:

Amy P

 

Date added:

June 24, 2012

 

Level:

University

 

Grade:

C

 

No of pages / words:

6 / 1585

 

Was viewed:

9806 times

 

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Essay content:

Because most households have a budget, the amount spent on transportation it limited. While most industries have an effect on the economy, the automotive industry has far-reaching implications for most Americans. Not only are the workers affected but the many spin-off jobs created as well as the consumers that must purchase the automobiles manufactured...
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The prices fluctuate depending on supply and demand. For example, when the economy takes a downturn and car sales are down the automakers attach incentives to the purchase of new vehicles to stimulate sales such as interest-free loans, rebates and lowered prices to encourage Americans to purchase their goods...
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