New study reveals how non-traditional leisure activities can boost economic growth.
The way people like to spend their time can affect economic growth. If a family's enjoyment of free time and spending money are linked in a certain way, the economy might not have a clear path to growth. This is especially true when leisure activities require both time and skill. In these cases, the economy might need certain types of technologies to keep growing. The key is that how people value their time and money can impact whether an economy can keep growing steadily or not.