Why is it important to individual and entire country?​

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Answer:

Economic issues influence our daily lives. This includes issues such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment.

The faster growth of the GDP of developing countries can lead to greater trade integration, generating first- and second-round gains for industrial countries.

Explanation:

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Answer:

In order for any community to survive, its citizens must have employment opportunities, and its government must be able to generate revenue to provide services. Economic development, if done effectively, works to retain and grow jobs and investment within a community.

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