Due to their insignificance as an economic force, teenagers are not a meaningful measure of the U.S. economy.

Question

Quizplus · Accepted Answer

Teenagers do have a significant impact on the U.S. economy through their spending habits, which includes buying clothes, technology, entertainment, and food. According to a report by the National Retail Federation, teenagers spent around $830 billion in 2020. Additionally, teenagers also influence the economy through their future potential as the next generation of workers and innovators.

Due to Their Insignificance as an Economic Force, Teenagers Are