Why consumption can contribute to economic development

Updated on Financial 2024-04-21
7 answers
  1. Anonymous users2024-02-08

    First of all, we need to recognize that the essence of what will promote economic development --- is money.

    Only with money can we promote the reform of the economic and social structure, and the improvement of the quality of social life and the efficiency of input and output through various forms of incentives. For example, if an enterprise has money, it will encourage product and management innovation, so that the enterprise can obtain greater profits, accumulate more wealth for the society, and individuals will enjoy a better life.

  2. Anonymous users2024-02-07

    At present, in the "troika" of promoting economic growth, the role of investment and exports in promoting economic growth is gradually weakening, while household consumption is becoming an important driving force for economic growth. In March this year, the National Development and Reform Commission and other 23 departments jointly issued the "Implementation Opinions on Promoting Consumption Expansion and Quality Improvement and Accelerating the Formation of a Strong Domestic Market", focusing on breaking through the "blocking points" and "pain points" in the consumption field, and playing an important guiding role in improving the consumption mechanism, releasing consumption potential, and promoting the rapid and sustainable development of the economy.

    Consumption upgrading has led to significant changes in consumption structure and consumption patterns. Since 2010, a number of indicators of household consumption in Jilin Province have achieved significant improvements: the per capita disposable income and per capita consumption expenditure of urban residents have increased significantly, the effect of household consumption expenditure is prominent, and the trend of consumption upgrading is obvious; The per capita disposable income of rural residents and the per capita consumption expenditure of rural permanent residents have increased markedly, with an average annual growth rate of more than 10 percent, indicating a strong momentum of consumption upgrading.

    The trend of consumption upgrading is obvious, which has become a vivid epitome of the change in the economic quality of our province and the improvement of "appearance". From the perspective of consumption structure, the proportion of consumption in education and culture, medical care, leisure and entertainment, transportation and communication has been increasing, and the consumption structure has changed from survival to development and pleasure. From the perspective of consumption patterns, residents in our province are changing from traditional offline consumption to online and offline integrated consumption, and consumer demand is gradually changing from commodity consumption to service consumption. The quality of consumption is being upgraded from low-end to mid-to-high-end, and "new consumption" methods such as green consumption, customized consumption, Internet celebrity consumption, and sharing consumption are emerging in an endless stream.

    From "buying" to "buying well", from buying goods to buying experience, residents' consumption is accelerating the transformation from focusing on quantity satisfaction to pursuing qualitative improvement.

  3. Anonymous users2024-02-06

    We use it here, tourism, boost consumption, and then use more sightseeing tourists to come to us for play and consumption, so the effect is still obvious, our income has increased, and life is getting better!

    Rural revitalization should start with "knowledge". Talent is the core key to rural development. At present, there is a general shortage of qualified personnel in rural areas, and there is a large shortage of qualified personnel in education, medical care, and the building of party organizations.

    If you want more and more talents, in addition to all kinds of talent introduction incentives.

    At the same time, it is also necessary to improve the knowledge literacy of local people, strengthen the cultivation of new professional farmers, tap local practical talents, actively attract talents to start businesses, and inject vitality into rural development.

    Rural revitalization should focus on "economy". Economic improvement is the only way to rural revitalization, and to improve the economy, it is necessary to start from various aspects such as industries and projects to achieve sustainable development and return urban resources to the countryside. Continuously optimize the industrial structure, move towards modernization, intelligence, industrialization, extend the agricultural industry chain, develop deep processing of agricultural products, enhance the added value of agricultural products, and develop tourism and catering services according to local conditions, so as to achieve the integration of three industries.

    In fact, we will increase support for new agricultural business entities; We should take into account the cultivation of new agricultural operators and support for small farmers, and take targeted measures to bring small farmers' production into the track of modern agricultural development.

    Improving consumption can stimulate economic development, economic and industrial development, industrial development enterprises with the ability to develop core technologies, for enterprises to win the first opportunity in the national and even global competition, undefeated. It can also promote entrepreneurship and employment, consumption-driven economic development, economic development with more opportunities, more business opportunities, conducive to young people to start a business, expand the scale, increase more employment opportunities and so on! There are many benefits.

  4. Anonymous users2024-02-05

    Promote the increase of residents' income through multiple channels, and fundamentally boost consumer confidence.

    Stabilizing and expanding employment is bound to become the primary task, which is the basis for ensuring the growth of residents' income. Fiscal, tax, financial and other policies will focus on the priority implementation of employment, requiring all localities to implement detailed and stable employment measures from many aspects, such as returning unemployment insurance, supporting entrepreneurship in advance, improving flexible employment and social security, protecting the legitimate rights and interests of workers, and strengthening vocational skills training.

    2. Promote the deep integration of online and offline consumption.

    Next, with the further advancement of new infrastructure construction, the in-depth application of new Xiangqing technologies such as 5G, big data, Internet of Things, and blockchain in the field of banquet consumption will promote the deep integration of more service-oriented consumption online and offline. New models and new formats of virtual consumption, such as live streaming, cloud shopping, cloud tourism, online entertainment, live streaming, education, Internet medical care, and the metaverse, will continue to be encouraged. Under the normalization of epidemic air defense, in order to further promote the integration of online and offline consumption, it is recommended that all localities link up with various large-scale e-commerce platforms, online and offline service providers, etc., to launch "online consumption vouchers" to quickly "congest" the online consumption economy, stimulate consumer enthusiasm, and help the recovery of the consumption economy.

    3. Tap new consumption growth points and promote consumption expansion.

    Consumption such as green consumption, elderly care, and childcare services will become new hotspots for consumption.

    The combination of medical and health care services for the elderly is becoming a key area for investment by related enterprises, including elderly physiotherapy, health management, elderly tourism, elderly education, elderly socialization, cultural and entertainment services and other elderly services, as well as intelligent hardware for the elderly and other products are expected to become a new hot spot in the consumer market.

    Fourth, improve the county-level commercial service system and release the potential of rural consumption.

    The consumption of "clothing, food, housing and transportation" in rural areas at the county level has been comprehensively upgraded, and the diet in rural areas is more exquisite, the residence is more comfortable, and the household appliances are more intelligent. Online transactions such as entertainment, pet life, air conditioning cleaning, personal training, jewelry maintenance, medical beauty, and health services have grown rapidly, with an average growth rate of more than 300% in the past three years, and service consumption is also rapidly extending to the rural market. Driven by the further improvement of the quality of new urbanization, the county-level rural consumer market will bring more eye-catching performance and make greater contributions to the continuous recovery of national consumption.

  5. Anonymous users2024-02-04

    As a result of the decrease in consumer spending, the products produced by the factories cannot be sold, the workers are in a state of loss, the factories are unable to pay wages or lay off workers, and unemployment increases. Unemployment increases, incomes fall, and consumer spending decreases, creating a vicious circle. So when the economy is booming, the unemployment rate is lower, the products are abundant, the ** is cheap, and everyone has money to spend.

    Due to the great abundance of products, the supply of products in factories will exceed demand, and the price will be reduced, and some will reduce production. But the demand is still increasing, and finally slowly as the inventory decreases, **start**. The money in people's hands is slowly decreasing, and some of them have begun to borrow money to consume, ** have begun, and consumer spending has begun to decrease in agitation.

    The economy entered a recession, and after a period of depression, it began to expand again, and slowly prospered again, and the economy went through four cycles, recovery, prosperity, recession, and depression, just like spring, summer, autumn and winter, and so on.

    Some of the consumption expenditures of one person are the income of another person, and if the consumption expenditure decreases, the income of some people will decrease, and the income will decrease, which in turn will lead to a decrease in consumption. In the end, production shrinks or the goods produced are squeezed, and they cannot be sold.

    The modern economy generally uses credit overdraft consumption to increase domestic demand, if moderate, it is conducive to economic development, however, excessive overdraft consumption is harmful to the economy. Because credit has a cycle, let's take a family consumption as an example, if a family starts to have no money to spend, the bank gives a limit of 100,000 yuan, he consumes the 100,000 yuan a year ago, and in the second or third year, in order to repay the debt, he no longer consumes excessively. Because the factory saw the increase in consumption in the first year, it felt that there was a market and would increase production, but in the second and third years, the factory produced a lot of goods, and because people had no money to consume, they could no longer spend through borrowing, and the income was used to pay off debts.

    So it leads to overproduction. This kind of product is relatively in surplus, and some products are in short supply, such as daily necessities, food. That's why when the economy is in crisis, the food and vegetables in the supermarket are snapped up.

    Maybe the car, or some mid-to-high-end goods, can't be sold. Factories will go out of business,

  6. Anonymous users2024-02-03

    The increase in consumption is an important boost to economic development. Therefore, many cities have made many measures to boost consumption in order to help economic development. ......Specifically, in order to boost consumption, my city has taken three measures: improving the business environment, developing tourism to attract tourists, and taking measures to promote the development of enterprises and increase employee income.

    1. Improve the business environment and actively carry out various first-class activities.

    The first measure taken by my city to boost consumption is to improve the business environment and actively carry out various activities. ......This is the most direct measure to boost consumption, and it is also the fastest effective measure. ......The reason why I say this is because on the one hand, it can greatly improve the business environment, so that customers have a better consumption environment, and on the other hand, customers can get greater benefits through various activities, so that they are more willing to consume, so that they can achieve obvious effects of boosting consumption.

    2. Develop tourism and attract tourists from all over the world to travel.

    Another measure taken to boost consumption in my city is to develop tourism to attract tourists from all over the world. ......This measure may seem to have nothing to do with boosting consumption, but in fact it has played a considerable role in boosting consumption. ......Specifically, through the development of tourism, tourists from all over the world can travel here, and in the process of tourism, various activities such as shopping, dressing up and dining can greatly promote consumption, and then have a pulling effect and promote local economic development, which will further improve the local consumption level.

    3. Take measures to promote the development of enterprises and increase the income of employees.

    Another concrete measure taken by my city to boost consumption is to promote the development of businesses. ......Through the efforts of all aspects, the business status of the enterprise is getting better and better, and the income of employees is getting higher and higher. In this way, the spending power and willingness of employees have been improved, the urban economy has been developed, and the purpose of boosting consumption has been achieved, and everyone has benefited from it, which is the most ideal result.

  7. Anonymous users2024-02-02

    Promoting consumption has the following benefits to the economy: 1. Consumption has a negative effect on production, consumption drives economic growth, and consumption promotes production development. 2. The new needs formed by consumption play a guiding role in the adjustment and upgrading of production.

    The emergence of a new consumption hotspot can often drive the emergence and growth of an industry. Expanding information consumption can promote the development of the information re-registration industry and promote the sustained and healthy development of the country's name economy. 3. Consumption creates a new labor force for production, which can improve the quality of labor force and improve the production enthusiasm of laborers.

    Information consumption can enrich people's lives and improve the quality of people's lives.

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