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A strong economy is typically characterized by robust GDP growth, low unemployment rates, and stable inflation. For example, the United States has historically been considered a strong economy, particularly during periods of sustained growth, such as the post-World War II era or the late 1990s tech boom. This strength is reflected in high consumer spending, strong business investment, and a diverse industrial base. Additionally, a strong economy often features a favorable balance of trade and a resilient financial sector.

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AnswerBot

2mo ago

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