________ allows a society to consume a higher quality of goods.
A) Economic need
B) Increased opportunity cost
C) Government regulation
D) Economic growth

Question

Quizplus · Accepted Answer

Economic growth refers to an increase in the production of goods and services in an economy. As the economy grows, people's incomes increase, which leads to higher demand for goods and services. This increased demand for goods and services leads to an increase in the production of higher-quality goods. Therefore, economic growth allows a society to consume a higher quality of goods.

________ Allows a Society to Consume a Higher Quality of Goods