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A. Produce goods and pay workers

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Skylar Fletcher

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Q: In order for the economy to be strong businesses must?
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What must happen in a nations economy in order for the standard of living to improve?

it must grow through innovation


Can a business be a consumer?

Any business can become a consumer. Generally speaking all businesses are consumers inasmuch they must purchase products from other businesses in order to have their own business function.


What type of economy does a developing country have?

I think they must have a mixed economy


Why is the cost of living in Canada so high?

Cost of living is a function of an economy, whether it be local or national. The Canadian economy is rather strong when compared to other nations and therefore the cost of living is rather high compared to most other nations. The reason is that in order to enjoy the amenities that living in Canada provides you, you must contribute back your fair share. Good infrastructure costs money to build and maintain and therefore money must be raised to pay for these things. This money is raised via taxes which therefore must be high enough to pay for good infrastructure. In order to pay high taxes an economy or an individual must generate sufficient income to afford said high taxes. Therefore, the cost of everything is high and therefore "cost of living" is high.


Why are plants important to economy?

plants that is used as food help the economy. This is because in order to sell plants as food, they must be first harvested, clean, package and delivered. In order for this procedure to be completed many people need to be hired. Causing there to be many more job opportunities.

Related questions

In order to be a successful tax attorney, he must have a strong background in accounting. ?

In order to be a successful tax attorney, he must have a strong background in accounting.


What must happen in a nations economy in order for the standard of living to improve?

it must grow through innovation


For an economy to expand which of thes groups must be willing to save and invest?

all of these: large corporations, government, people, and small businesses.


What must a polo player have in order to play?

A healthy lifestyle they should be a strong swimmer and strong legs


What must Businesses first be responsible to?

businesses must be first responsible to owners.


How do you change this to fact In order to stand for many years a house must have a strong foundation.?

In order to stand for many years,a house should have a strong foundation


Can a business be a consumer?

Any business can become a consumer. Generally speaking all businesses are consumers inasmuch they must purchase products from other businesses in order to have their own business function.


Why are organizations changing?

Organizations are changing because the environment in which they operate is changing. Businesses must be able to adapt in order to remain relevant.


Why organization change?

Organizations are changing because the environment in which they operate is changing. Businesses must be able to adapt in order to remain relevant.


This variable must be measurable to obtain results?

The work that is being done must be measurable in order to obtain results. When businesses don't measure activity levels they jeopardize the business.


How are business services obtained by small businesses?

The Federal government sets aside certain contract bid opportunities exclusively for small businesses. In order to compete for these contracts, you must first register as a vendor with the government. You must also enter information into SAM about your company.


What is the relationship between strategy and policy?

A business establishes policies to align with strategy. Businesses must have a strategy in place in order to create policies.