Development Itself Is an Engine That Powers Consumption, and Consumerism

question 72

True/False

Development itself is an engine that powers consumption, and consumerism is positive because it contributes to economic growth and increased economic opportunities.

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Definitions:

Strength

An attribute or internal capability of a company or individual that provides a competitive advantage in the market or enhances performance.

Weakness

A term used in SWOT analysis to denote internal limitations or areas where a business or individual performs poorly.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

Projected Hurricanes

Forecasted tropical cyclones that are expected to develop into hurricanes based on meteorological data.