The Role of Savings and Investment in Economic Development

Abstract: A 3 page paper discussing how the inability of consumers to either save or spend during the Great Depression affected the economy. There was less money available for lending, thereby preventing local economic growth. There must be balance between consumer saving and spending, for too much spending without enough saving can be inflationary. The same holds true for corporate bodies in their revenues from investors. Bibliography lists 3 sources.

Filename: KSsavingsEcon.wps

Pages: 3

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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