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5 January, 15:10

The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere. Will economic growth increase or decrease?

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  1. 5 January, 15:30
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    The factories will increase economic growth because more jobs will be provided.

    Explanation:

    Given:

    The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere.

    To find: If economic growth increases or decrease.

    Solution:

    Economic growth will increase as more jobs will be provided which increases employment.
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