Business, 24.07.2019 23:50 Ashleymsmith

Explain why it might be a good idea to borrow money for college if you might not otherwise afford to go.

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Answer from: darkghostmist

Because college is an investments for higher earning

Currently, almost all high paying jobs require the candidates to be at least a bachelor degree before they can apply. This mean that you could pay off the loan that you take for your college education a few years after you obtain a job.

On top of that You can always choose to find part time jobs during your college years to cover parts of the loan, so the amount become significantly smaller after you graduate.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.

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Explain why it might be a good idea to borrow money for college if you might not otherwise afford to...

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