samanthag9527 samanthag9527
  • 07-08-2017
  • Business
contestada

Explain how get-rich-quick schemes violate the most basic principles of economics.

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Louli
Louli Louli
  • 15-08-2017
Get-rich-quick schemes violate the most basic principles of economics as they:
1- Worsen the economy by investing money with no profit (people invest money without getting any profit in return to this investment)
2- Acquire high return rates for small investments
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