What impact can softer urban demand and factory output have on the Indian economy
Explore the implications of softer urban demand and factory output on India's economic growth.
- Slower urban demand can lead to decreased consumption, affecting various sectors like retail, real estate, and services.
- Reduced factory output can negatively impact manufacturing industries, leading to layoffs and decreased industrial production.
- This slowdown can lower overall economic growth, as private consumption and investment may decline.
- Lower demand and output can also affect employment rates, potentially leading to higher unemployment levels.
- The government may need to implement stimulus measures to boost demand and support the economy during periods of softer urban demand and factory output.
Answered
8 months ago