Affects in Great Depression
State what affect the most in Great Depression?
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In 1920s the boom in business made people overly confident therefore people invested their money in risky stocks and deals with it. In addition, banks provide careless loans and soon failed when people could not be able to repay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.
When the ratio of [tax burdens upon you] / [taxes upon all taxpayers] is less than the ratio [benefits to you by government programs] / [benefits of government programs realized through all residents of the country], in that case it seems reasonable to explain you as
Explain in brief about the importance of strategic management towards the success of a business?
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