Question

What is economic prosperity​

Answer 1

Answer:

For both countries and individuals, economic prosperity is the key element to quality of life and is also necessary for the nation to be competitive in the world economy. As local economies move from production-based to ones based on creativity and innovation, they must grow in ways that strengthen industries, create good jobs and encourage economic investment. To increase wealth and living standards, the economy must promote and sustain diversity, innovation, competition and entrepreneurship.

Explanation:

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