Answer:
Answer:
Demand changes when the quantity demanded at every price changes. This happens when consumers’ willingness and ability to buy changes. Demand shifts can be caused by changes in income and in consumer tastes and preferences. Demand is also influenced by changes in the price of a complementary good or in the price of a substitute. Demand shifts cause changes in markets. When consumers understand the basics of demand they understand that their buying choices are important. Consumer demand influences which goods and services are available, the quantities available, and the prices of the goods and services we buy.
Explanation:
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The economy of Germany crippled because it lost the battle in World War I.
Its economy slowed down as it was asked to pay heavy restitution charges and accept the accountability of initializing war against allied forces. This payment of huge money inhibited Germany to economically grow and sustain.
The authoritative supremacy of the allied forces enraged Germany that it became vulnerable to support the radical views of Nazis. Germany was also forced to be held accountable for the massive destruction of war
and we have to explain
Answer:
Banks failed—between a third and half of all U.S. financial institutions collapsed, wiping out the lifetime savings of millions of Americans. The familiar narrative of the Great Depression places banks among the institutions that suffered fallout from the crisis.
Explanation:
Answer:
Many people went into dept (along with the banks)
Explanation:
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