Economic growth means that consumers are spending more money.
If consumers are spending more money it means that the overall income has increased. When the people's income increases, the demand increases which in return encourages investment and production, increasing supply. Economic growth is often measured using a country's GDP (gross domestic product) and GDP per capita over a period of time. A country's GDP measures the value of the internal production of a country.
If you won a prize of $5oo you may decide on several things to do with this money;
- You could save it.
- Buy a clothing item
- Buy your favorite game.
- Visit a park with a friend
<h3>What is a scholarship contest?</h3>
This is a contest that is usually between eligible people who are seeking for paid sponsorships for their education.
Winning this money would go a long way for a student who would use the money on a range of activities and goods that they love.
Read more on scholarships here:
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Plants are living beings and need food to grow in a healthy way. Plant food is supplied by the soil, which, in addition to sustaining it, is the deposit of substances from which vegetables feed.
These food substances are called nutrients, and they are all the elements, or chemical compounds, that beings ingest to guarantee the functioning of their body's metabolism and cellular actions. In short: nutrients are the fuel and raw material for life.
Answer: I would disagree
Explanation:
Economics is the study that defines about products and service that are produce, regulated, consumed and distributed. Economic agents are the factors that regulated the field of economic along with the behavior and link displayed by customer and firms.
They maintain rationality through making decision based on possible growth,cost and benefits as per economic knowledge.
Therefore, roommate's statement is incorrect that economic field assume of making best decision rather the try to make possible beneficial decision considered all the factors.
Answer:
Sovereignty is a political concept that refers to dominant power or supreme authority. In a monarchy, supreme power resides in the "sovereign", or king. In modern democracies, sovereign power rests with the people and is exercised through representative bodies such as Congress or Parliament.
Explanation:
As a philosophy, secularism seeks to interpret life based on principles derived solely from the material world, without recourse to religion. It shifts the focus from religion towards "temporal" and material concerns.
