Question

The impact of COVID-19 on cnsumer spending in Canada project

can you please explean each slide and answer each part

1. Explain why consumer spending is often referred to as the "bridge" between the economy and the people. Introduce the topic of the presentation and provide an overview of what will be covered. Explain that the presentation will focus on the impact of COVID-19 on consumer spending in Canada.

Answer 1

Consumer spending is often referred to as the "bridge" between the economy and the people because it represents the purchasing power of individuals and households, which drives economic growth. In the presentation, the focus will be on the impact of COVID-19 on consumer spending in Canada.

Step-by-step explanation:

Consumer spending is often referred to as the "bridge" between the economy and the people because it represents the purchasing power of individuals and households, which drives economic growth. When consumers spend money on goods and services, businesses generate revenue, leading to job creation and economic activity. In this presentation, we will focus on the impact of COVID-19 on consumer spending in Canada, discussing how the pandemic has influenced spending patterns and overall economic conditions.