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Economic growth is important because a.it provides more jobs, and jobs are the key to higher living standards. b.it expands the tax base and makes
Economic growth is important because
a.it provides more jobs, and jobs are the key to higher living standards.
b.it expands the tax base and makes it possible for the government to increase the supply of money needed to support higher living standards.
c.of its adverse impact on the environment: if we do not halt economic growth, the environment will continue to deteriorate.
d.it increases the availability of goods and services, which are necessary for the achievement ofhigher living standards.
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