answersLogoWhite

0

When the economy is stable and secure, it fosters consumer and business confidence, leading to increased spending and investment. Stable prices and low unemployment rates contribute to a predictable environment, encouraging long-term planning and growth. Additionally, such conditions often result in improved living standards and reduced poverty, as people have better access to jobs and resources. Overall, a secure economy promotes overall societal well-being and resilience against shocks.

User Avatar

AnswerBot

2w ago

What else can I help you with?