Toys R Us: The End of an Era

Front

What is the impact of the coronavirus on school attendance?

Back

The coronavirus has a significant impact on the amount of students attending school.

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What does the decline of birth rates lead to in terms of product demand?

Back

The decline of birth rates leads to a decline in product demand from Toys R Us.

Front

What is the definition of unemployment?

Back

Unemployment is the state of not having a job.

Front

What is the main idea of 'Money, Money, Money' regarding Toys R Us?

Back

The lack of money caused Toys R Us to be unable to make their stores better.

Front

What does it mean to have debt?

Back

Debt refers to the amount of money borrowed that needs to be paid back.

Front

What is a recession?

Back

A recession is a period of economic decline where trade and industrial activity are reduced.

Front

What is the significance of Toys R Us in the toy industry?

Back

Toys R Us was once a leading toy store chain that faced challenges leading to its closure.

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How did financial issues affect Toys R Us?

Back

Financial issues prevented Toys R Us from improving their stores and maintaining competitiveness.

Front

What is the relationship between birth rates and toy demand?

Back

Lower birth rates result in fewer children, which decreases the demand for toys.

Front

What does it mean to use a credit card only in emergencies?

Back

It means to avoid accumulating debt by only using credit for necessary expenses.