When an economy suffers from low production, a country cannot enjoy a steady rate of economic growth. Hence, Option D is correct.
What is economic growth?
When there is an increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy over a certain period of time, it is termed economic growth.
In simple terms, the measurement of the increase of people's real income, which means the ratio between people's income and the prices of what they can buy, is increasing: goods and services become more affordable, people become less poor.
An image is attached for better understanding.
Thus, Option D is correct.
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When an economy suffers from low production, a country cannot enjoy a steady rate of economic growth.
Further Explanations:
An economy of a realm is the zone of the production, supply, and trade, of goods and services through different agents. These agents can be individuals, companies, organizations, or management. The reason behind its importance is that its growth increases the GDP of the nation and states its improvement in accordance with other nations.Top five-nation nations sharing the world economy are:
i. China
ii. Japan
iii. Germany
iv. India
v. United Kingdom
Low production in an economy creates instability growth in the development of the nation. As if there will be no production them there will be consumption, leading the shutting down of the market. Low production will decrease the profit of the factories and then will consequently lead to the idleness of workers. Idleness will decrease the flow of money in the market and which will again make the situation worse and at some point, the economy will crash totally.
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Answer Details
Grade : High School
Subject : Economics
Chapter : Production
Keywords:
production, supply, trade,goods , services, individuals, companies, organizations, management,China, Japan, Germany, India,and United Kingdom.
TheSpain sold the Philppine archipelago for $20,000,000 after colonizing it for333 years. Simply, through the Treaty of Paris, the United States got all theremaining countries colonized by the Spanish empire. Before Spain sold thecountry, it used its resources, man power, everything that they could use toimprove their economy.
shut down the the operations
A-The people who work hardest will become millionaires.
B-The rich are acting in the best interests of the country and the poor.
C- The economic system is unfair, and the rich profit from the poor.
Answer: D
Explanation:
The economic system is unfair, and the rich profit from the poor.
Answer: C.)The economic system is unfair, and the rich profit from the poor.
Explanation: i hope this helps! :)
Mathematics.
Euclid of Alexandria, who lived around 300 BC, was a Greek mathematician known for his notorious contributions to geometry among other fields of mathematics, his contributions were so important that he is considered to be The father of Geometry. One of his most commonly known accomplishments was that of being the first person to write a complete review of Geometry on his well-known and recognized masterpiece, Elements.
His legacy continues to be of an incredible value nowadays.