Why does economy have to grow continually?

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Every year people are worried if economy only grew let’s say 2%. If we already have things good, why does it still need to grow and it’s a bad thing if it stays the same?

In: Economics

10 Answers

Anonymous 0 Comments

because there are greater populations.

we had 6 billion people in 1999 and we project 10 billion by 2057. if the economy doesn’t grow then many of the 2057 people won’t have food or jobs or places to live.

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