Question

Which one is not an economic benefit generated by businesses in an economy?

O Standard of living
O Recession
O Employment
Taxes

Answer 1

Recession

Step-by-step explanation:

Recession is not an economic benefit generated by businesses in an economy. A recession is a period of economic downturn, during which businesses may experience reduced sales and profits, and may lay off workers or cut back on production. While businesses can play a role in helping to mitigate the effects of a recession, a recession itself is not a benefit. Some of the economic benefits generated by businesses in an economy include standard of living, employment, and taxes.