What changes in an economy can be found in an economy as a result of e – InterviewSolution

InterviewSolution

1.

What changes in an economy can be found in an economy as a result of economic growth?

Answer»

As a result of economic growth, several changes take place in an economy. Such changes include.

Increase in industrial production.
Increase in agricultural production.
Growth in the service sector.
Increase in purchasing power.

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