A nation can accelerate economic growth by increasing its production of consumer goods.

Name: A nation can accelerate economic growth by increasing its production of consumer goods.
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Question

Quizplus · Accepted Answer

While increasing production of consumer goods may lead to temporary economic growth, sustainable long-term growth requires investment in capital goods (such as factories and infrastructure) that increase productivity and efficiency. This ultimately results in higher output and economic growth.

A Nation Can Accelerate Economic Growth by Increasing Its Production