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What is one of the primary effects of consumerism on an economy?
  • a)
    Decreased industrial production
  • b)
    Reduced growth rate
  • c)
    Higher unemployment
  • d)
    Increased employment opportunities
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is one of the primary effects of consumerism on an economy?a)Decr...
Consumerism leads to increased production, which in turn creates more employment opportunities in the economy. This is because higher demand for goods requires more workers to produce them.
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What is one of the primary effects of consumerism on an economy?a)Decreased industrial productionb)Reduced growth ratec)Higher unemploymentd)Increased employment opportunitiesCorrect answer is option 'D'. Can you explain this answer?
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