Categories: All - unemployment - economy - prices - investments

by Shrey Jadav 6 months ago

61

Tarrifs

Economic policies such as tariffs can significantly impact a country's economy. When a country imposes tariffs, it can lead to reduced trade with other nations, causing a shortage of specific products.

Tarrifs

Tarrifs

Economic growth goes down

Factories and business will reduce productions leading to job loss
People will start to save more money
People on companies may stop investing money

Cost increases for businesses

They might increase the prices of their products
Businesses may shut down
People start losing jobs

Country fights back

There will be low suppliy on specific products
Less Trades occurs

Price rises for customers

People will start buying cheaper products
Risk of homlessnes increases

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