Question

Economic development over the last few decades led to rise in the consumption levels. do you agree? give reasons in support of your answer.

Answer 1

Answer:

Explanation:

Today, the economic growth has been carried out with increased inequality and thus it is changing with rapid development. In fact, this could do a paradox changes over with economic growth and it is relatively poverty. It deals benefits on showing highly educated and those who can waiting for wealthy growth. It has increased educational standard and greater diversity.

Answer 2

Answer:

Any type of economic consumption is related to the utility of the product. why will a consumer buy a product and what will be the best utility in which circumstances. Increasing the rate of economic growth and economic output is essential in this aspect and this also enhances the quality of public services and there is rise in demand for goods.