Question

Shocks to the economy force people to make changes because:

a) They enjoy change
b) They want to disrupt the economy
c) Economic stability is disrupted, and adjustments are necessary
d) It has no impact on the economy

Answer 1

Economic shocks force people to make changes because economic stability is disrupted, and adjustments are necessary.

Step-by-step explanation:

Economic shocks force people to make changes because economic stability is disrupted, and adjustments are necessary. When a country experiences an economic shock, such as a financial crisis or a sudden change in government policies, it can lead to negative impacts on the economy. People may have to cut back on their spending, find new sources of income, or adjust their business strategies to cope with the changing economic conditions. For example, during a recession, individuals may have to reduce their discretionary spending and prioritize essential expenses.