Which factor leading to economic growth can be added to this list: Political Stability, Technological Innovation, Mixed Economy? a) Unemployment b) Global trade networks c) Increased population growth d) War
Social Studies · Middle School · Tue Nov 03 2020
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b) Global trade networks
- Global trade networks can be a factor leading to economic growth as they facilitate the exchange of goods and services across international borders. Trade allows countries to specialize in the production of goods and services they are most efficient at making, which can lead to increased productivity and growth. International trade can also provide access to new markets and customers, enabling businesses to scale up and economies to diversify their industries.