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Directions: Reading the information below and answer the following questions after. Explain your answer in one paragraph. Assume that America has been going through a long period of financial prosperity.
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Directions: Reading the information below and answer the following questions after. Explain your answer in one paragraph.

Assume that America has been going through a long period of financial prosperity. People are confident in their jobs, and saving has become a low priority for many people and for businesses. What would be the long-term consequences of this action for individuals and businesses? Explain how this situation would affect economic growth.

User Sancho
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30 votes

Answer:

People would becpme poor and things would get hard. People will be spending a lot of money if saving is a low priority and people will eventually become poor.

Step-by-step explanation:

User Unknow
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