Buy custom The Building Industry And The Economy
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Topic: |
Business
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Number of pages / Number of words: |
10 / 2547 |
Essay's paper body
As touched on in the first paragraph, externalities such as rental fees for railroad cars or the cutting of illegal timber in foreign countries affect the demand and supply of a good or service. Due to the collapse of the mortgage market construction companies are finding it hard to sell the homes that they have already built (It's the economy--always...
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Since homes that have already been built cannot be sold this holds up on the production of homes that companies want to build. This in return means that fewer orders are placed for lumber, plywood, brick, shingles, and other building materials. Who ships these materials? The railroad ships these materials...
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General points of the essay
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