Consumption important internationally because it constitutes the bulk of economic activity of most countries

Name: Consumption important internationally because it constitutes the bulk of economic activity of most countries
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Consumption is an important component of GDP and constitutes a significant portion of economic activity in most countries. It is the driving force behind economic growth and a key determinant of economic well-being.

Consumption Important Internationally Because It Constitutes the Bulk of Economic