Question

discuss why economic growth is important for a country​

Answer 1

Answer:

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Explanation:

Economic Growth is important because it is the means by which we can improve the quality of our standard of living . It also enables us to cater for any increases in our population without having to lower our standard of living.

Answer 2

Answer:

Economic growth generates higher profits which can then be reinvested - promoting increased productivity and capacity. Economic growth can generate higher tax revenues for the government.

That's why economic growth is important for a country.

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Explanation:

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