Cycle of Prosperity
- Created by: Fiona S
- Created on: 03-03-15 18:09
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- The Cycle of Prosperity
- 4) More products are sold, so more needs to be produced
- 5) Companies need more workers to make more products
- 6) More people with more jobs means that...
- 3) More people can afford to buy these cheaper products
- 4) More products are sold, so more needs to be produced
- 5) Companies need more workers to make more products
- 6) More people with more jobs means that...
- 3) More people can afford to buy these cheaper products
- 3) More people can afford to buy these cheaper products
- 6) More people with more jobs means that...
- 5) Companies need more workers to make more products
- 4) More products are sold, so more needs to be produced
- 3) More people can afford to buy these cheaper products
- 6) More people with more jobs means that...
- 5) Companies need more workers to make more products
- 1) E.g. Mass Production leads to more products being made
- 2) Companies can afford to sell their products for less
- 2) Companies can afford to sell their products for less
- Steps 3 to 6 repeat in a cycle
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