asked 189k views
12 votes
Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?

asked
User Duthen
by
7.5k points

2 Answers

8 votes

Answer:

The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.

Step-by-step explanation:

edmentum

answered
User Steve Nguyen
by
7.8k points
10 votes

Answer:

See below

Step-by-step explanation:

By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.

answered
User Token
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories