A free enterprise economy include the consumer spending. Consumers provide a significant portion of a nation’s economic growth. Therefore, consumers are an important part of a free enterprise economy.
Answer:
George Washington
Explanation:
It was George Washington that established the precedent that the president would play a prominent role in foreign affairs. This is mainly due to the fact that he was the 1st President of the United States of America from 1789 to 1797 and one of the Founding Fathers that created and signed the constitution.
A significant increase in consumption and economic activity among a nation's consumers would decrease income inequality.
Option: A
Explanation:
A country's economy highly depends on consumer's behavior. If for certain reason the consumption and economic activity raises it will decrease the variation in income level. Strong economy promotes high purchasing capacity.
If the consumption level gets high more workers would be involved in economic activity which will strengthen nation's economy and Gross Domestic Production. On the other hand the unemployment will go down. Disparity in income level will also decreases due to high consumption rate and growth of economic activity.
