Ask Question
12 November, 09:06

How does the consumer drive the economy

+4
Answers (1)
  1. 12 November, 12:17
    0
    As it drops off, economic growth slows. Prices will drop, which creates deflation. If slow consumer spending continues, the economy can go into recession. When consumer demand exceeds manufacturers' ability to provide the goods and services, prices increase.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does the consumer drive the economy ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers