https://padlet.com/sydneyspykerman/29iv91mu53t8 The more money people have in savings gives the bank more money to loan to business. Then businesses can become more profitable, which allows them to hire more people, so those people can generate more savings. Economy is about making money. The more money that is available the more money business can make, the more jobs are available. The economy is circular. If any of these points break the economy will start to fail. en-us 2018-04-07 20:58:24 UTC 2024-01-11 00:50:03 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Folder.png sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249467351 http://www.writeopinions.com/measures-of-national-income-and-output
(Image #1)
This is a great visual on how investing and savings all have great impacts on the economy.]]> 2018-04-07 21:36:06 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249467351 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249468118 (Video#1)
This is a very informational video. It talks about how the economy originally started. He explains himself very well and is easily understood. It shows how individuals have a huge impact on the economy. Going through all of a person's expenses shows how much money they are putting into the economy by investing in business. For example, when hiring a gardener, the person pays them, then their money goes into savings.]]> 2018-04-07 21:46:29 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249468118 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249468958 (Website#1)
This is a very informational website. It is American, but all economy’s have the same rules when it comes to saving and investing helping the economy. This will also help predict the future economy. Seeing how much savings everyone has shows how the economy is doing. It is also really important for people to keep track of the overall savings in the banks to make sure we don’t repeat any mistakes.]]> 2018-04-07 21:58:15 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249468958 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249469720 (Image#2)
A two sector economy includes injections and withdrawals. This means people putting money in the economy and taking away from it. So paying for land labour and whatever else we have to pay for. ]]> 2018-04-07 22:10:25 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249469720 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249469997 (Video#2)
There is a huge and important difference between savings and investing. This video is very easy to follow. It explains the differences very well. The video shows you where to put your money. As well as the benefits and potential fail of saving and investing. It shows different ways to invest your money such as bonds if you want less risk. Money invested is generally more difficult to withdraw than just from a savings account. ]]> 2018-04-07 22:15:41 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249469997 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470159 (Video#3)
Elizabeth Ho shows ways to spend your money to make money. This is based in the U.S., but it applies to Canada as well. It shows what banks do with your money once they have it, and how companies can make you even more money. She also explains how putting your money in savings, and investing your money helps the overall economy. It is a very helpful link to help understand how your money in the bank or investments help the economy.]]> 2018-04-07 22:19:28 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470159 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470289 (Website#2)
This website tells the reader exactly why increase in savings help the economy. This is a UK website, but all of the information still applies to Canada. It goes into detail about the UK economic growth. The images on the website really help with understanding the information. Showing the short term and long-term reasons why investing and saving helps benefit the over all economy.]]> 2018-04-07 22:22:03 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470289 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470534 (Image#3)
This picture depicts how the economy works. It explains that if the economy goes in a circular motion it is doing well. It shows how important every aspect is. It's quite easy to read as well.]]> 2018-04-07 22:28:18 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470534 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470702 (Website#3)
This is a PDF on building a strong economy for Canadians. This is written by the Department of Finance Canada. There is a wide variety of information given on this website. It starts with the advantages of having a good economy, and why it is good for the government. It provides knowledge for people about new opportunities and savings. It tells how investing helps the economy grow. It also talks about businesses, and trades, and how to grow and succeed.]]> 2018-04-07 22:31:16 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249470702 sydneyspykerman https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249579766 2018-04-08 20:32:54 UTC https://padlet.com/sydneyspykerman/29iv91mu53t8/wish/249579766