Question 34
Economic Growth and DevelopmentThe major reason why countries strive to achieve optimum growth is to
- A.be self-sufficient
- B.raise general living standards
- C.raise the level of production
- D.reduce aggregate expenditure
Show the answer and explanation
Answer: B (raise general living standards)
Explanation
Growth is pursued so that people can enjoy more goods and services, i.e. a higher standard of living.