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Economic Growth

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Economic Growth
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  • It is such a beautiful day out today. I wonder how this country has become so great
  • Hello sir, how are you doing today?
  • I am doing great today. How are you?
  • I have been really good lately. I was just asking myself how this country became so great.
  • Well kid. There are many things that make a country so great. One thing is having a good economy.
  • How does a country get a good economy?
  • First of all, when a country wants to get a good economy they want gain as much wealth as they can
  • I think I am starting to understand. So then the country can buy more and more goods?
  • That is right! The wealthier the country the more goods they can gain.
  • What else causes an economy to grow?
  • The standard of living is also a huge factor to the growth of an economy.
  • The standard of Living? What does that mean?
  • Let's walk and I explain everthing.
  • Okay let's go!
  • Follow me!
  • So what does standard of living mean?
  • Basically it means how well a communtiy is doing based on wealth and materials.
  • Okay. So if our communities are able to provide for themselves, the economy is good?
  • That is correct! The better people are living at home, the better the economy.
  • I think I understand why our country is so great to live in now.
  • That is good! We have to keep it that way for the next several generations.
  • Of course. As a young adult I have to stay educated do what is right for our country.
  • You are a good young man and the sky is the limit for you.
  • Thank you very much sir! And I hope you have a good rest of your day!
  • Thank you and thank you for the nice talk we had today. It is starting to rain you better get home.
  • Yes I better get home. Thank you for all the wisdom you gave me.
  • Your are very welcome. Maybe I will see you again sometime
  • Goodbye!
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