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Elena-2011 [213]
4 years ago
14

Select all that apply. Select the items that describe economic growth. Unemployment is very high. Businesses make more products.

Consumers spend more money. Producers earn more revenue. It is part of the economic cycle.
Social Studies
2 answers:
schepotkina [342]4 years ago
6 0

Answer:

The correct answers to the statement: select the items that describe economic growth, are: Businesses make more products, consumers spend more money and producers earn more revenue.

Explanation:

According to what economists describe as economic growth, it is the evidence of the health of a nation´s economy and its development, as income becomes better for the citizens and residents in the country. There are, according to research, several factors that show economic growth. One of them is technological advancement, the second is increases in stocks and accumulation of capital and increase in labor and employment offers. The choices selected explain economic growth because, businesses make more products because in a healthy economy, there is more accumulation of money, which allows people to buy more products, and thus demand increases. Also, this increase in capital makes people more able to spend their money in things that are not merely the bare necessity, and because of this chain of spending, producers make a better revenue because people are spending more money.

Ronch [10]4 years ago
4 0
Unemployment is very high. businesses make more products. consumers spend more money.
 and i just notice this question is from 3 days ago smh >;( 


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