Answer to Question #314644 in Marketing for Feen

Question

Use real-life examples to explain issues related to old and new economies. 

Answer 1

Challenges to Economic Growth Examples

Unemployment or underemployment rates are high.

Growing inequality, with many people left out of the growth process.

Poverty levels are high, and growth is slow.

Growth that is volatile and reliant on a single source.

Major economic activity, such as tourism, are disrupted as a result of the pandemic.