Question

How does consumer spending stimulate economic

Answer 1

Answer:

O Consumer spending allows firms to flourish and

new businesses to develop.

xplanation:

Consumer spending is what a consumer spend his or her money buying for their everyday needs. It includes services piad for and goods bought with money.

consumer spending increase the country Gross domestic product of a country which is the gross profits made on goods sold.

Consumer spending allows firm to flourish especially the firms providing the daily needs of consumer and it helps expand businesses while new ones evolve with increase in demand.