High-growth economies are characterized by two key patterns, which are:
A) low saving and high investment.
B) high saving and high investment.
C) high saving and high consumption.
D) low saving and high consumption.

Question

Quizplus · Accepted Answer

High-growth economies are typically characterized by high saving and high investment. High saving rates provide the capital necessary for investment, and high investment rates drive economic growth by increasing productive capacity and fostering technological innovation.

High-Growth Economies Are Characterized by Two Key Patterns, Which Are