Economic growth is important because ?
Correct answer: D. People want higher incomes and more consumer goods.
- A. People want less crime
- B. People want to be happier
- C. People want a better environment
- D. People want higher incomes and more consumer goods.
Explanation
Economic growth raises productive capacity, allowing higher real incomes and greater availability of goods and services. Lower crime, happiness and environmental improvement may also be desirable outcomes, but they are not the primary economic reason given here.
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