Which of the following is/are the benefit(s) of economic growth?
A) increases in life expectancy
B) reductions in infant mortality
C) higher incomes
D) an expansion in the range of goods and services available
E) All of these answers are correct.

Question

Quizplus · Accepted Answer

All of the given options are benefits of economic growth. Economic growth leads to higher incomes which in turn leads to improvements in healthcare, sanitation, and access to education. This leads to an increase in life expectancy and a reduction in infant mortality rates. Further, economic growth also leads to an expansion in the range of goods and services available as more resources are available for innovation and development.

Which of the Following Is/are the Benefit(s) of Economic Growth