(Answered) Production is unimportant, only consumption matters. True FalseProduction is unimportant, only…

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➤ Why can’t consumption alone sustain an economy?
Consumption uses up goods and services but does not create new productive capacity or capital goods. Sustainable growth needs production, investment, and rising labor productivity. If consumption grows faster than output, the economy faces higher imports, inflation, or rising debt, which hurt employment, the trade balance, and long-term prosperity.

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