Answer:
Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment; it can influence the long-run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets. Moreover, differences in demographic trends across countries can be expected to influence current account balances and exchange rates. So to understand the global economy, it helps to understand changing demographics and the challenges they pose for monetary and fiscal policymakers.
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.
1. Congress passes laws
AND
2. Congress decides how to spend our money
The rebelled, boycotted, and stood for their rights as humans
The first state was Delaware
