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Left or RIght Wing
Essay specific features
Written by:
Eva C
Date added:
August 7, 2013
Level:
University
Grade:
A
No of pages / words:
3 / 788
Was viewed:
4940 times
Rating of current essay:
Essay content:
For example, let's say you want 100 shares of Red Wagon stock. The cost for 100 shares is say $15000, but when more and more people invest in this stock the price raises to say $20000. So people have to pay off what they owe on the stock by its increase in value. So as more money was being borrowed the flow of money began to increase, which is known as monetary policies...
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And since monetary policies were lacking, it lead to dept and excessive spending and then resulted in the crash and many people were in poverty.
Capitalism also can lead to poor working conditions, for example the Industrial revolution. The life for the average man was changed forever. No longer were things hand-made in shops ? the process of production was entirely different...
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