Respuesta :
When an economy suffers from low production, a country cannot enjoy a steady rate of economic growth.
Further Explanations:
An economy of a realm is the zone of the production, supply, and trade, of goods and services through different agents. These agents can be individuals, companies, organizations, or management. The reason behind its importance is that its growth increases the GDP of the nation and states its improvement in accordance with other nations.Top five-nation nations sharing the world economy are:
i. China
ii. Japan
iii. Germany
iv. India
v. United Kingdom
Low production in an economy creates instability growth in the development of the nation. As if there will be no production them there will be consumption, leading the shutting down of the market. Low production will decrease the profit of the factories and then will consequently lead to the idleness of workers. Idleness will decrease the flow of money in the market and which will again make the situation worse and at some point, the economy will crash totally.
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Answer Details
Grade : High School
Subject : Economics
Chapter : Production
Keywords:
production, supply, trade,goods , services, individuals, companies, organizations, management,China, Japan, Germany, India,and United Kingdom.
When an economy suffers from low production, a country cannot enjoy a steady rate of economic growth. Hence, Option D is correct.
What is economic growth?
When there is an increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy over a certain period of time, it is termed economic growth.
In simple terms, the measurement of the increase of people's real income, which means the ratio between people's income and the prices of what they can buy, is increasing: goods and services become more affordable, people become less poor.
An image is attached for better understanding.
Thus, Option D is correct.
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