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TRAVEL INSURANCE On their way to southern Spain last summer, George and Jean Glover stopped outside the city of Seville for a lunch-time picnic. They left their car by the road and walked down to the cool waters of a river for a very pleasant meal. When they returned to their car, they were horrified to discover that the back window had been forced and smashed.
Thousands of jobs come into our Job Centres and Employment Offices every week, but they get snapped up quickly. So, although we shall do all we can to help you, it’s important for you to do all you can to help yourself. This leaflet tells you how.
ATTITUDES TOWARDS MONEY Americans these days are very concerned with the economy. It seems more people are having to learn to spend less and to spend wisely due to the hard times we are experiencing. However, people’s attitudes towards money differ.
WORKING RENAISSANCE In historical times, many societies operated a two-tier (a tier is a level in a system or organisation) system made up of people who controlled and those who worked and were controlled. Work was not an activity to be enjoyed. However, another group of people emerged alongside this system. They were the merchants and artisans. Merchants worked for profit, and artisans (people skilled in arts and crafts) worked for wages.
– INFLATION – Inflation has attracted more public interest than any other aspect of economics, for the simple reason that everyone finds himself immediately affected by it. The common belief is that inflation is necessarily a negative occurrence but there are various reasons why this might not be the case. Let us consider some of the arguments. Simply described, inflation is the situation where increased wage demands result in higher prices of consumer goods, which causes further increased wage demands.
Companies can increase the money with which they run their business in a number of ways. Besides borrowing money and buying on credit, they can use some other processes of financing. Two ways of increasing money are described here.
(This article was written in 90’s. Let’s see what were happening at that time . . . )
– FREE TRADE – In the nineteenth century, economists believed that there were limits to human wealth. In their opinion, when one man became richer, another grew poorer. If a country wished to improve its standard of living, it had to export more than it imported. So, in Britain, the main argument in those days was about free trade and protectionism.
– INFLATION – Inflation is a modern economic disease which all consumers suffer from. When we are told that we have got a pay rise, we are naturally pleased. However, when we go to the shops, we find that we can actually buy less than we could a month ago. How is this possible?
– THE CASH MACHINE – The modern cash machine was created during the early 1970’s. Until then , a few banks had cash dispensers which worked like drinks machines and gave out packets of money. Today (1990’s) there are 16,000 cash machines in Britain, 2,600 of which have been installed in the last year and in the United States there are 80,000. Britain has the fourth highest number of machines in the world.