Most nations do not push the rate of economic growth to the maximum because

Question

Quizplus · Accepted Answer

There is an opportunity cost associated with economic growth, meaning that if a government were to push the rate of growth to its maximum, they would have to sacrifice other important areas such as social programs or environmental protections. Additionally, there may be negative consequences such as inflation or an inefficient economy if growth is pushed too far. Therefore, most nations strive for a balance between economic growth and other important priorities.

Most Nations Do Not Push the Rate of Economic Growth