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aev [14]
3 years ago
6

How do personal savings contribute to the economy

Social Studies
2 answers:
Sunny_sXe [5.5K]3 years ago
6 0
The money an individual person sets aside in savings accounts, retirement plans,and other forms of saving is important to the economy because it contributes to the nation’s overall economic growth.
11111nata11111 [884]3 years ago
5 0

They increase the amount of money banks can invest in stocks and bonds.

They increase the amount of money banks can loan to individuals and businesses.

They allow consumers to invest in different areas of the economy.

They allow consumers to get advice from banks on how to keep track of their money.

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Answer:

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Which statement about the lifespan is most TRUE? Group of answer choices a) Most people's lives are the same, no matter where in
blondinia [14]

Answer:

d) Our lifespan varies dramatically depending on our cohort, our socioeconomic status, our cultural background and our gender.

Explanation:

               The term "lifespan" means the length or amount of time a person or a living thing lives or functions.

               Options a), b) and c) does not say anything about the lifespan of people. Only option d) speaks about the lifespan of people and how they vary.

              The life span of all the people depends upon various factors in different parts of the world. In different part of the world people love for different length of time. Lifespan depends upon the socioeconomic status of the people. People with higher socioeconomic status tends to live longer than people with lower socioeconomic status.

               People who who are economically stronger have better access to medical facilities and access to food. The living standards of the people also affects the lifespan of the people.

                Our gender also plays an important role in it. In many parts of the world, women are more prone to diseases and health issues.

Thus the statement which speaks most TRUE about the lifespan is ---

d) Our lifespan varies dramatically depending on our cohort, our socioeconomic status, our cultural background and our gender.

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3 years ago
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