Get All the Knowledge on Weak Economy and Start Participating in Class?
A type of economical condition in which there is very slow or declining growth, is termed as weak or sluggish economy. In this state of economy, businesses undergo immense loss due to the fact that in such conditions, sale of products and services of a company gets lessened as consumers are not in a state to buy them. More knowledge on the topic can be obtained by visiting a weak economy homework help.
Features of a weak economy
There are few features that can denote that the economic condition is weak like –
Impacts of a weak economic growth
The flat or declining growth of economy can have serious impacts on the society, details about the same can be obtained by checking out a weak economy homework help. A few of them are as follows –
Since the economic condition is declining, the companies working in the nation have fewer consumers to cater to. The economic condition of people or companies in the market becomes too less to be able to purchase products and services. Sale being the biggest point of growth of a company, the companies in turn undergo limited or no growth.
In times of weak economy, the taxes levied are also less which brings very less revenue to the government. Thus in such conditions the government also fails to bridge the huge financial gap created. More about such impacts can be learnt by visiting a weak economy assignment help.
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