Question

In an economy what is prosperity in one sentence

Answer 1

Answer:

Stage in an economic cycle in which conditions of relatively low-unemployment and high total income prevail, leading to high purchasing power (if the inflation rate is kept low).

Explanation:

anywhere. The prosperity of some does not require that others be poor. Conversely, in places whereprosperity has not risen, lack of these ingredients plays a significant role. Science would solve everything, prosperity would grow indefinitely, and people would thrive ...