Table Tennis significantly contributes to the Chinese economy through various channels, including sports tourism, manufacturing of equipment, and sponsorships. The sport enjoys immense popularity, leading to substantial investments in training facilities and events, which stimulate local economies. Additionally, China’s dominance in international competitions enhances its global sports brand, attracting investment and sponsorship deals. While exact figures can vary, the overall economic impact is considerable given the sport's cultural significance and the scale of its participation.
inject money into the economy
Inject money into the economy. BOOM You're welcome.
The British introduced opium to the Chinese and got them addicted. By doing this the Chinese only spent money on the drug. Their economy basically crashed because of opium. Opium is basically heroin.
money economy is an economy money
Paper money was first introduced into the Chinese economy in 1023... But that doesn't exactly constitute as an invention...
when u have money for devoloped annd not
money economy is all about money u spend and all the money the economy such as cash;coins By:Ayesha
In the modern financial system, money is created primarily through the process of fractional reserve banking. When a bank receives deposits from customers, it is required to keep only a fraction of those deposits on reserve and can lend out the rest. This creates new money in the form of loans, which increases the money supply in the economy. Additionally, central banks can also create money through a process called quantitative easing, where they purchase financial assets to inject money into the economy.
If an economy uses gold as money, it's money will be coins.
sure, if you have enough money you can do anything.
Yuan is the currency of China. Money in Chinese is 钱
Exogenous supply of money refers to the portion of the money supply that is determined by external factors or authorities, rather than by the market itself. This typically involves central banks or government policies that inject or withdraw money from the economy through mechanisms like open market operations, reserve requirements, or interest rate adjustments. In this context, the money supply is influenced by deliberate actions rather than being solely driven by demand and supply dynamics within the economy.