there has been some concern in the united states that people are not saving enough. this is a concern because

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Ohthatsteetee1680idn Ohthatsteetee1680idn

04-11-2022
Social Studies

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there has been some concern in the united states that people are not saving enough. this is a concern because

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Zaibfatimarizviidn Zaibfatimarizviidn · Answer 1 · 2022-11-08T07:36:29-05:00

There has been some concern in the United States that people are not saving enough, this is a concern because decreases in savings lead to decrease in investment.

According to economic research there is correlation between savings and economic growth. It has been demonstrated that high rates of savings increases the amount of capital in the economy which in turns lead to economic growth in the country. The high rate of savings indicates that there is more capital for people to investment which promotes economic growth. There is a concern that in the United States, as people are not saving enough this may lead to decrease in investment which impacts the economic growth of the country.

Learn more about Economic growth:

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