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Tanya [424]
3 years ago
15

Discussion Topic

History
1 answer:
pychu [463]3 years ago
7 0

Answer:

There are simple and easy to understand measurements to see if an economy is healthy or not such as,

*Price levels and the inflation: if prices as requested high of many goods and they tend to increase faster, then it's not healthy and the economy is unstable.

*interest rates: if the interest rates are high and the borrowing costs are hig and keep increasing, it's a sign that the economy is not well.

*unemployment: if you see many of the people in your community are struggling to find a job , that's too is a bad sign.

*Presence of many imported goods and the lack of locally produced goods and the exports: if you see many foreign goods and not your local goods in the market, that could be a sign that the indigenous industries are struggling.

Explanation:

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