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konstantin123 [22]
3 years ago
7

How would a significant increase in consumption and economic activity among a nation's consumers affect the

Social Studies
1 answer:
LiRa [457]3 years ago
5 0

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.

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Rather than a sense of inferiority, eight-year-old Zeke has developed a sense of mastery in all his academic endeavors. Erikson
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Rather than a sense of inferiority, eight-year-old Zeke has developed a sense of mastery in all his academic endeavors. Erikson would say that Zeke has a strong sense of industry.

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Industries are usually categorized by the goods and services they produce. For example, the pizza industry includes all producers who manufacture and sell pizza on the market. It is important to note that in order for a pizza maker to belong to the pizza industry, the products they make must be sold on the market.

Learn more about the industry here:brainly.com/question/26521390

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