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
Well for one, the number of people increases every year, thus the amount of work performed by a population as a whole increases. If your economy isn’t increasing at the very least with the amount of people entering the workforce then you are doing something wrong.
Overall though we at the very least expect things to get better and not worse.
Latest Answers