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Author Question: In today's world, why is fashion important? What will be an ideal ... (Read 58 times)

mwit1967

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on: Sep 11, 2018
In today's world, why is fashion important?
 
  What will be an ideal response?

Question 2

Monetary Policy is implemented by what institution? What are the three tools used to impact the economy by this institution?
 
  What will be an ideal response?


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jgranad15

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Reply #1 on: Sep 11, 2018
Answer to Question 1

The fashion industry employs more people worldwide than any other industry today. Whether it
is garment production in Asia, a weaver in Guatemala, a thread supplier in India, or a retailer in
Europe, almost every country in the world is involved in some sort of fashion-related activity.
The buying, selling, and producing of fashion built careers in the support services sector like
fashion journalism, photography, and forecasting. Trade among countries continues to grow with
the United States and other countries initiating trade with one another. Currently, there are 14
free trade agreements between the United States and countries around the world with an
additional four trade preference programs.

Answer to Question 2

The Federal Reserve Bank. The three tools of Federal Reserve Bank are the Discount Rate,
Reserve Requirement, and Open Market Operations.


mwit1967

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

bigsis44

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Reply 3 on: Yesterday
Excellent

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