Why does economy have to grow continually?

888 views

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 the economy is based on investment, whether it’s investing in a house, business and a stock. The worth had to always be going up or else people would never invest money in things. You always want to get more money back than what you put in to something, so to make that happen for everyone, everything needs to continue to grow.

You are viewing 1 out of 10 answers, click here to view all answers.