Economic Growth

                                                              Shelby and Davon

Economic growth enables people to have more goods and services. With the increase in population, growth is necessary to meet everyone's needs.

With economic growth, people tend to have more income to use for consumer spending. That money then goes to employees at different businesses for their income, making a cycle. When people have more money, they can buy more expensive items to satisfy their wants and needs. This person was able to afford these things because over time he got more income to spend on his wants and needs. With economic growth, the population will have more money to spend on their wants and needs as a whole, just like this person.

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