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Industry is the supply side of the market.

Question 20 options:
True
False

User Blep
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1 Answer

1 vote

Answer:

True

Step-by-step explanation:

The supply side of the market focuses on production. The supply-side policies aim at increasing production as a way of creating demand for products. Improving supply-side will lead to sustained growth without a rise in inflation.

The industry is the heart of the supply-side in the market. Focusing on the supply side involves increasing its competitiveness. Improving the supply side include lowering income tax and reducing the influence of trade unions.

User Sanu
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