As the title says. In the simplest form, how does the US economy work.
Also, how does our economy effect foreign economies? (How does out financial crash cause other economies to follow suit?)
Or is money wired to the payee from my bank? Doesn’t online banking cost the bank money? How come banks don’t charge for this service. I’m not naive I know they pass on the cost to me but how?
I’m interested in becoming a Certified Financial Planner, but I’m facing something of a “Catch 22.” In order to complete the requirements for the formal certification as a financial planner, a person has to have 3 years of financial work experience. I’m currently a full-time high school social studies teacher, and would like to make the transition to the new career as quickly as possible after I retire from teaching (in about 10 years). What can I do while I’m still a full-time teacher to get the financial work experience I need so that I can make the transition to a Certified Financial Planner without having to spend 3 years getting this experience after I retire from teaching? Thanks in advance for your time, ideas, and information.
I am writing an essay on the economy cycle during the Great Depression and was wondering these things:
*Explain how the economy works as a cycle.
*Describe how both a flourishing and a failing economy follows a cycle.
*What types of events could cause a break in a successful economy, causing an economy to fail?
Response would be greatlly apriciated, thanks!