When there is too little money in the economy, it can create a ripple effect of financial hardship. Businesses may struggle to stay afloat, as they are unable to invest in growth and development. Consumers may find it difficult to make ends meet, and may have to cut back on spending. Unemployment may rise, as businesses are unable to afford to hire employees. This can create a financial spiral, as fewer people have money to spend, leading to more businesses struggling, more unemployment, and so on. Ultimately, the economy can suffer greatly if there is too little money circulating.
This article looks at the different salaries of lawyers and nurses to compare which profession makes more money. It is found that lawyers earn significantly more money than nurses in the US, with the average lawyer making an annual salary of $122,960, compared to a nurse's average salary of $71,730. However, there are many other factors to consider when deciding which profession to pursue, including job security, job satisfaction, and hours worked. Ultimately, the decision of which profession to pursue should come down to the individual's personal preferences and career goals.