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unit 4
Growing economies
Economic growth for businesses
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Cards (2)
What impact will economic growth on profits for businesses?
Increased
profits
-
Gain
more
customers
who are likely to have
income
elastic
demand
What will economic growth lead to an increase in?
Trade opportunities as demand for goods and services
increases
Increase in
investment
-
FDI
as
businesses
want to
benefit
from growing
economies