What Makes a ‘Strong’ Economy?

A strong economy is like a healthy, happy family. Imagine your family has enough food for everyone to eat, money to buy toys, and even some left over to save for the future. That’s what makes an economy feel 'strong.' When people have jobs, can afford things they want, and know they’ll be okay tomorrow, that's a strong economy, it’s like having a full piggy bank and plenty of snacks.

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Examples

  1. Your family has enough money for dinner tonight and still saves some for tomorrow.
  2. The local store hires more people because they’re selling more candy bars.
  3. You get an allowance every week, so you can buy a new comic book.

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Categories: Economics · Economy· Growth· Wealth