During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv

Question

morpeh [17]

3 years ago

5

During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv

ices. more fewer the same

Business

2 answers:

fomenos · Answer 1 · 2022-08-29T10:29:34+03:00

fomenos3 years ago

5 0

More, hope this helps!

Nitella [24] · Answer 2 · 2022-08-29T12:33:18+03:00

The correct answer is More

Explanation:

Economic growth periods imply an increase in production or supply; this means more goods and services are produced than before. At the same time, during these periods inflation reduces, and individuals have more money to buy products and services. As a result demand increases and this leads to more production. This also implies the prices of products decrease, and often wages increase due to more profits. According to this, during periods of economic growth consumers buy more goods and services and due to this, businesses produce more goods and services.