Economists generally assume that ____ economic growth is better for society.

Question

Quizplus · Accepted Answer

Economists generally assume that faster economic growth is better for society because it leads to higher levels of employment, higher wages, increased standard of living, and overall economic well-being. However, this assumes that economic growth is inclusive and sustainable, meaning that it benefits all members of society and does not come at the expense of the environment or future generations.

Economists Generally Assume That ____ Economic Growth Is Better for Society