Real estate is highly important to the economy of the united states, as it represents a large part of the nations net worth. It accounts for a great number of jobs in interrelated industries, and is a vital part of the production process true or false

Question

Gabriel Noble

History

21 July, 03:10

Real estate is highly important to the economy of the united states, as it represents a large part of the nations net worth. It accounts for a great number of jobs in interrelated industries, and is a vital part of the production process true or false

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Answers (1)

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Jacqueline Liu · Answer 1

The correct anwer is TRUE

Explanation:

The real estate and real estate business plays a fundamental role in the development of the North American economy. There are several aspects for which they occupy a major role in the movement of capitals, since being the largest source of savings for a large part of the population, they provide housing for family units. On the other hand, commercial real estate is the basis for job creation, either directly in its construction or by the creation of businesses and the establishment of lines of commerce, offices, manufactures and others. It is one of the most profitable investment methods and available to any citizen moving billions of dollars annually.