If the rate of economic growth is positive,then everyone becomes better off.

Question

Quizplus · Accepted Answer

While economic growth can improve overall living standards, it does not necessarily mean that everyone becomes better off. Economic growth can exacerbate inequality if the gains from economic growth primarily go to the already wealthy or if certain groups are excluded from the benefits. Additionally, economic growth can have negative environmental or social impacts that may harm some individuals or communities.

If the Rate of Economic Growth Is Positive,then Everyone Becomes