Without the consumer, what would the overall effect be on the economy?

Business

1 answer:

choli [55]3 years ago

7 0

Answer:

Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.

If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.

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torisob [31]

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Mentor

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But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

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Dima020 [189]

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Read 2 more answers

What are the main goals of the federal government's fiscal policy?.

NeX [460]

The employment of government spending as well as taxation to impact the economy was known as fiscal policy.

Fiscal policy is used by governments to achieve robust and sustained growth and then to decrease poverty.

Inflation, full employment, as well as economic growth even though determined by GDP are the three major aims of fiscal policy as well as indicators of a healthy economy.

Fiscal policy objectives include stimulating demand, increasing output, creating jobs, increasing GDP, avoiding recessions, controlling inflation, and stabilizing economic growth.

To know more about fiscal policy.

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