1. What's the main reason our culture has normalized credit cards over the past 60 years? What can we do to change the normalization of debt in the future?​

Answers

Answer 1

Our culture has become accustomed to debt mainly because the capitalist system in which we find ourselves favors the management of loans for the acquisition of goods and services.

These, due to their cost, are difficult or impossible to access through cash payments without any type of installment or ease of payment.

Therefore, credit cards are ways of acquiring debt to finance certain consumption, which is why they have become a financial tool that is totally socially accepted.

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Related Questions

Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:

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Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.

This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.

Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.

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Eight years ago, Ian invested in Rayje Clothiers. He purchased five par value $1,000 bonds issued by Rayje Clothiers at a market value of 94. 956, each of which yields interest of 7. 5%. Ian also bought 250 shares of Rayje Clothiers stock at $17. 22 apiece. Bonds from Rayje Clothiers yield interest of 7. 5%, and stock from Rayje Clothiers yields dividends of $1. 09 yearly. Today, Rayje Clothiers bonds have a market value of 108. 224 and Rayje Clothiers stock sells for $19. 96 per share. If Ian liquidates his portfolio and sells off all of his investments, which aspect of his investment in Rayje Clothiers will yield the greater total profit, and how much greater will it be? a. The bonds yielded $820. 00 more in profits than the stocks. B. The bonds yielded $798. 40 more in profits than the stocks. C. The stocks yielded $21. 60 more in profits than the bonds. D. The stocks yielded $242. 20 more in profits than the bonds.

Answers

Answer:

what are tow main reasons that force people travel?

What are the four (4) stages of an economy?
A. Recession, Growth, Inflation, Depression
B. Expansion, Peak, Contraction, Trough
C. Expansion, Inflation, Contraction, Depression

Answers

Answer: B

Explanation:  what business believe will generate the most profits

Angel has worked as a restaurant server, as a mechanic, as a massage therapist, and as a teacher since he finished college five years ago. He now wants to apply for a cruise ship position, but is unlikely to receive one based on his lack of relevant experience and frequent job changes.

True
False

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The answer is true because he doesn’t have relevant experience and has changed jobs a lot

Select the best answer: A Notary Signing Agent wants to stand out from other NSAs by guaranteeing to borrowers and contracting companies that all of her loan signings will take 30 minutes or less. This is:

Answers

A Notary Signing Agent are often regarded as loan processing officers. This is permissable as long as it is not stated as a guarantee and Prohibited if it is stated to be a guarantee.

Rotary signing agent as part of a loan process officers are hired as an independent contractor in making sure that loan documents are worked on to by the borrower and them it will be returned on time after it has been notarized.

The notary signing are prohibited from engaging in the activities below:

They are not permitted to give legal advice of any kind.

*They are also not permitted to guarantee the duration of how long a loan signings will take.

Conclusively they are only given right to give the time how long the signings will take to the borrowers, only he or she is not putting it out as a guarantee.

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Conduct a SWOT analysis between public and private universities of Bangladesh. Use the
internet to locate organizations charts for five different organizations. (or use the data from
the internet to draw the organization charts yourself.) look for similarities and differences
among them and try to account for what you find.

Answers

There are 53 public universities in Bangladesh, 97 private universities and 3 international universities. The organizational structure of these universities is functional, where resources are organized by departments.

They also have a linear, matrix, hybrid and project-based structure. The similarities between public and private universities are related to the functional structure.

Public universities are controlled by the government and are subsidized, while private universities are run by the private sector and all are affiliated with a commission created in accordance with the presidential order, called the University Grants Commission.

SWOT analysis is a tool that allows an organization to analyze the characteristics of its internal and external environment that impact its development.

In the micro environment, strengths can be related to the faculty, growth rates, student body and weaknesses therefore can be related to structure, centralized command and educational and institutional policies.

In the macro environment, opportunities may be related to foreign investment and educational development programs. On the other hand, threats related to social inequality, which prevent students from entering university, bureaucracy and insecurity.

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activities include cash receipts and cash payments for transactions relating to revenue and expense activities.

Answers

Answer:

Operating Activities

Explanation:

Happy Thanksgiving!

The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever

A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate

Answers

I think the answer of these question is C

After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.

How does innovation help business growth?

With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.

This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.

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A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,000 annually. If they both open a traditional IRA and make the maximum contribution, how much of their contribution could they deduct

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each is eligible to make a catch-up contribution

the purchase and sale of long-term assets and current investments are classified as:

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ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.

Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.

It is the purchase as well as sale of long-term assets at a given period.

Therefore, Investing activities is correct.

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Charismatic leadership is now considered part of ________ leadership. Multiple Choice humble transformational ethical transactional

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Based on leadership skills, Charismatic leadership is now considered part of transformational leadership.

Though there are specific differences between charismatic and transformational leadership, they share various similarities in their approach and execution.

However, the significant difference between the two is that Charismatic leaders tend to improve the status quo better, while transformational leaders emphasize transforming the organization into the leader's vision.

Hence, in this case, it is concluded that the correct answer is option B. "transformational."

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Robert makes $951 gross income per week and keeps $762 of it after tax withholding. How many allowances has Robert claimed? For weekly income between 950 and 960, the number of withholding allowances claimed are: 0, 259 dollars; 1, 242 dollars; 2, 224 dollars; 3, 207 dollars; 4, 189 dollars; 5, 173 dollars; 6, 162 dollars; 7, 151 dollars; 8, 140 dollars. A. One b. Two c. Three d. Four Please select the best answer from the choices provided A B C D.

Answers

Answer:D

Explanation:

Answer:

D

Explanation:

If the price that a firm charges is lower than its_____________of production, the firm will suffer losses.

Answers

When a firm charges a price for its goods and services, if this price is less than the cost of production, they will suffer losses.

The profit that a company makes is calculated as:

= Selling price - Cost of production

If the selling price is less than the cost of production, the profit will be negative. A negative profit is the same as losses. This means that if a company charges lower than this cost of production, they will incur losses.

In conclusion, companies charge above their cost of production so as not to incur losses.

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when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?

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Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in Source and Delivers supply-chain activities.

This is because Supply Chain activities is divided into five components.

The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.

Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.

Other components of Supply Chain activities include the following:

Plan;Make;Return

Hence, in this case, it is concluded that the correct answer is Source and Deliver.

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true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.

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it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc

The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".

The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual

Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

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consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.

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From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.

From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.

It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.

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Which of the following is an advantage of renting? a. Ease of mobility b. Economic gain c. Financial risk d. Tax savings Please select the best answer from the choices provided A B C D.

Answers

Answer: Tax Savings

Explanation:

Tax savings are a benefit of renting. As a result, choice (D) is the right response.

What are the advantages of renting?

The advantages of renting are as follows:

The absence of maintenance and repair expenses is one advantage of renting a home.Renters also save money by having access to services that would otherwise be quite expensive.Renters do not have to pay property taxes, which is one of the main advantages of renting as opposed to buying.The upfront fee is another area where renters get a better financial deal.Homeowners are limited to the places where they can afford to buy, but renters can live in almost any place.Property values fluctuate. Renters are significantly less likely to be impacted by this than homeowners, if at all.While homeowners are required to keep their homes insurance policy current, renters are required to keep their renter's insurance policy current.

Hence, Option (D) is accurate.

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WHY ARE BLACK PEOPLE POOR

Answers

Answer:

Poverty and race are not the same things. Poverty is a circumstance. And like most circumstances, poverty has the ability to change. Poor can become middle class. Middle class can become rich. When you think of a poor person, what is that person’s color? I’ll start. I see a Black person.Black people are overrepresented in political discussions about poverty. The reality is, the vast majority of Black Americans are not living in poverty.

Explanation:

Hope it can help you lovelots

outline 2 reasons for completing assigned tasks daily​

Answers

In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.

How do you think investing relates to wealth inequality?

Answers

If the interest rate were lower and a lower interest rate tends to discourage saving and hence investment

PLEASE HELP-AFTER THIS QUESTION I ONLY HAVE 10 POINTS LEFT, AND I DON'T WANT TO HAVE TO ASK THIS AGAIN!!!!!!!!!!!! I WILL GIVE BRAINLIEST, 5 STARS, AND THANKS TO ANYONE WHO CAN HELP ME!!!!!!!!!!!!!!!!!
Will thinks he is a good listener. He holds consistent eye contact whenever his colleagues speak and lets them share without interrupting. He always concentrates on what they are saying, doesn’t ask any questions, and tries to show them support by repeating what they’ve said and making judgments about it. Haley says that though Will exhibits some behaviors of a good listener, he could do better by changing a thing or two about his approach. What would Haley MOST likely suggest that Will should change about his behavior in order to become a better listener?

He should ask questions and stop making judgments.

He should stop repeating what his colleagues have said.

He should stop making judgments and repeating what his colleagues have said.

He should ask questions and stop holding so much eye contact.

Answers

Answer:

sup

Explanation:

Answer: He should ask questions and stop making judgments.

Explanation:

brainliest please

Which of the following is an advantage of starting your own business?

Answers

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:

Inflation can be calculated in terms of how the overall cost of ___________________ changes over time. all goods the basket of goods all goods and services all services

Answers

One way that inflation can be calculated is how overall cost of all goods and services experience a change with respect to time.

Inflation can be regarded as a  rate of increase in prices of goods as well as services in a given period of time.

To measure this then the overall goods and services must be considered and how it changes in price with time.

Therefore, Inflation are measured with time.

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Answer:all goods the basket of goods all goods and services all services

Explanation:

which chart type is ideal for visualizing financial data such as a p&l?

Answers

The chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a: bar chart.

A profit and loss (P&L) statement can be defined as a financial report that provides a summarized information of the following financial data about a business firm:

Total revenues.Expenses.Profit.Loss.

Hence, a profit and loss (P&L) statement gives an insight to investors on how a business firm is operating and whether or not it has the ability to generate profits at the end of a business year.

Typically, the chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a bar chart because each rectangular bar can be used to represent the finance or revenue (cash inflow) of the business firm.

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a monopolistically competitive market is characterized by

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Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.

A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.

The characteristics of the monopolistically competitive market includes:

There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the market

In conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.

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under the indirect method, the operating activities section of the cash flow statement begins with net income.

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It should be noted that under the indirect method, the operating activities section of the cash flow statement starts with net income, therefore, the statement is true.

The cash flow from operating activities is a vital benchmark to determine the financial success of a company.

In the indirect method of depicting cash flow from operating activities, it starts with a net income from the income statement which is then added to the non-cash items in order to arrive at a cash basis figure.

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an employer requires a college degree to work in any position in the company. what part of title vii could apply?

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Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.

The part of Title VII that could apply is Disparate treatment.

Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.

The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.

It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.

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Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.

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Amy ordering more expensive foods and deciding to share the bill means

she is less price sensitive .

Less sensitivity of price usually occurs when there aren't available

substitutes for a particular product. Amy and Jude visits the restaurant for

lunch  in which the price here is always fixed with no alternatives.

This makes Amy order the food regardless despite the idea of sharing the

cost with the other party. This thereby means that she is less sensitive to the

price when sharing the cost.

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THE Leo Frank case is one of the most notorious and highly publicized cases in the legal annals of Georgia. A Jewish man in Atlanta was placed on trial and convicted of raping and murdering a thirteen-year-old girl who worked for the National Pencil Company, which he managed.

suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.

Answers

Based on the information that can be gotten from the question, the price that should be charged by the theater for the matinee ticket will be $7.

From the complete information, when the price is $4 and the 3 customers enjoy the movie, the profit will be:

= ($4 - $1.5) × 3

= $2.5 × 3

= $7.5

Now, let's assume that the price charged is $7 and 2 customers enjoy the movie, the profit will be:

= ($7 - $1.5) × 2

= $5.5 × 2

= $12

Now, when the price is $12 and only 1 customer enjoyed the movie, the profit will be:

= ($12 - $1.5) × 1

= $10.5

It can be depicted that the profit of the theater will be at maximum when the price that is charged is $7.

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