Question

discuss the importance of investment in modern economy?​

Answer 1

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It depends on the type of investment. ... In the long term, investment is important for improving productivity and increasing the competitiveness of an economy. Without investment, an economy could enjoy high levels of consumption, but this creates an unbalanced economy.

Answer 2

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It depends on the type of investment. In the long term, investment is important for improving productivity and increasing the competitiveness of an economy. Without investment, an economy could enjoy high levels of consumption, but this creates an unbalanced economy.