Does the structure of consumer spending change at different phases of the economic cycle: recession, recovery, economic crisis? How?
| November 23, 2020 | education
Consumer spending decreases or increases. According to the economic situation in the country. In a crisis situation, consumers’ expenses decrease due to lack of funds.
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.
