Answer: Positive consumer attitudes influence spending habits
Explanation: If people love the economy, they will take part in it which in result will activly grow it!
Hope this helped!
Answer:
Positive attitude towards the economy affect spending habits of the consumer which in turn leads to economic growth.
Explanation:
Consumer's confidence towards the economy and positive attitude will positively affect the spending habits of the consumers.
When consumers spend more, they demand more goods and services. An increase in demand causes the price to increase. An increase in price motivates suppliers to produce more.
Production of more output requires more inputs. So more workers are hired. This causes an increase in employment and income. Increased income will again create more demand. In this way economic growth takes place.
