Give an example of investments in equipment and technology and explain their relationship to

economic growth.

Answer: Economic growth depends on the production and consumption of goods and services in the market. The international trade and investments and how much the consumer is spending on the goods and services available in the market.

With the advancement of technology, the consumer is going to buy the latest technology which he might find fascinating and useful. And the increase in sales of technology will directly increase the economic growth of a country. It also increases employment opportunities.