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Economic goals are important because they provide a framework for guiding policies and decision-making at both the individual and governmental levels. They help prioritize resource allocation, drive growth, and improve living standards by focusing on objectives such as employment, inflation control, and sustainable development. Additionally, clear economic goals can enhance stability and predictability, fostering an environment conducive to investment and innovation. Ultimately, they serve as benchmarks for assessing economic performance and progress.

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5mo ago

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