Social Studies, 16.10.2019 21:30 infoneetusinghoyg22o
The financial crisis of 2007-2008 impacted many industries. as a result of the economic hard times, german automakers applied for loans to convert their production to environmentally-friendly cars. the german government worked with the manufacturers and made 1.6 billion euros available to use as loans. the use of these loans was important to the german auto industry. the investment in plants and factories described in the passage above is considered investment in natural resources. renewable resources. capital goods. human capital.
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The financial crisis of 2007-2008 impacted many industries. as a result of the economic hard times,...
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