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Ap Human Geography Swot Analysis

554 Words3 Pages

The first economic stance is called Neutral. Neutral stance generates more tax revenue for the government. The next economic stance is called expansionary. Expansionary is essentially where the government is spending more money than it is collecting. The final economic stance is called contractionary. Contractionary is the opposite of Expansionary; Contractionary is when you have more money than you are spending

2. The four economic resources are land, labor, entrepreneurship, and capital. Land means there is only so much land you can use for resources; once we deplete them they are gone. Labor means that you can only have so many people working on a single project, and they can only work so many hours. Capital means financial wealth. Entrepreneurship …show more content…

Trading is the buying and selling of stock. One of the ways this takes place is in an open outcry. Another is the NASDAQ, which is the virtual market.

1. The fighting going on over in the Middle East right now affects the economy majorly. Most of the crude oil in the world is exported from the Middle East. If the middle eastern countries decode to stop exporting oil to specific countries that are fighting them or to all countries in general then this will drive oil prices through the roof.

2. Freebie items are an excellent way to get new customers to their product. Despite the name Freebie, the items are not actually free. The items cost the company that is supplying them money and resources. Freebie items are typically a shirt or something of that nature, and it has the logo of the company on it. They do this in hopes to get people thinking about their product.

3. This affects the individual because the stock market directly helps the businesses you have come to know and love. For example, if a company like apple has a very low point in their stock then they will stop producing more products. That may not sound too bad but if they stop producing products then the government will not be able to collect tax, which could lead to the halt of cities and social

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