Question

Which of the following contributes most to maintaining a strong local economy?

The number of people available to be hired quickly
The nearness of basic businesses like farming and fishing
The ability of a bank to make loans to businesses
The ability of Congress to control international trade

Answer 1

Which of the following contributes most to maintaining a strong local economy?

The number of people available to be hired quickly
The nearness of basic businesses like farming and fishing
The ability of a bank to make loans to businesses
The ability of Congress to control international trade

Answer 2

C. because when banks make loans, people spend, and more spending means more jobs, and ultimately a better economy

Answer 3

thanks

Answer 4

your welcome..and next time, you might want to post this in the economics section :D

Answer 5

http://openstudy.com/study#/groups/Economics%20-%20Financial%20Markets