When an economy suffers from low production, a country cannot

When an economy suffers from low production, a country cannot enjoy a steady rate of economic growth.

Further Explanations:

An economy of a realm is the zone of the production, supply, and trade, of goods and services through different agents. These agents can be individuals, companies, organizations, or management. The reason behind its importance is that its growth increases the GDP of the nation and states its improvement in accordance with other nations.Top five-nation nations sharing the world economy are:

i.China

ii.Japan

iii.Germany

iv.India

v.United Kingdom

Low production in an economy creates instability growth in the development  of the nation. As if there will be no production them there will be consumption, leading the shutting down of the market.  Low production will decrease the profit of the  factories and then will consequently lead to the idleness of workers. Idleness will decrease the flow of money in the market and which will again make the situation worse and at some point, the economy will crash totally.  

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Answer Details

Grade : High School

Subject : Economics

Chapter : Production  

Keywords:

production, supply, trade,goods , services, individuals, companies, organizations, management,China, Japan, Germany, India,and United Kingdom.

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explanation:

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