If U.S. spending on infrastructure decreases, economic growth will suffer.

Question

Quizplus · Accepted Answer

Infrastructure investment is a key driver of economic growth because it enhances productivity and allows businesses to operate more efficiently. Decreased spending on infrastructure can lead to declining economic growth due to bottlenecks in transportation, communication, and other critical services that businesses need to succeed. Additionally, decreased infrastructure spending can lead to job losses, weakened competitiveness, and reduced consumer purchasing power, all of which can negatively impact economic growth.

If US Spending on Infrastructure Decreases, Economic Growth Will Suffer