Question

How does economy affect to the society?
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Answer 1

Answer:

For the general public, the main impact is the cost of living. The economy has a direct impact on our spending ability. An economic recession generally leads to an increased cost of living. ... The countries currency is also generally affected during a recession, which contributes to inflation of prices

Explanation:

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Answer 2

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➡️The main impact is the cost of living. The economy has a direct impact on our spending ability.

➡️An economic recession generally leads to an increased cost of living.

➡️The countries currency is also generally affected during a recession, which contributes to inflation of prices.