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A LEVEL EDEXCEL ECONOMICS B - THEME 3 EXAM QUESTIONS AND ANSWERS 100% CORRECT!!
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    A LEVEL EDEXCEL ECONOMICS B - THEME 3 EXAM QUESTIONS AND ANSWERS 100% CORRECT!!

  • Cons of economic growth on consumers - ANSWER - Likely to cause demand-pull inflation - Increases inequality because economic growth doesn't benefit everyone equally Benefits of economic growth on firms - ANSWER - More profits, confidence and investment - More profits may improve their technology so may benefit from economies of scale - More competition in the local and global markets which makes them more productive and efficient so increased sales Cons of economic growth on firms -...
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