The impact of the recession of 2009 was widely felt across

Last updated: 7/23/2022

The impact of the recession of 2009 was widely felt across America. One response that continues well into 2013 is an effort to build local economies by thinking and spending locally. This decry has been heard in both large cities and small towns and has colored the shopping habits of a growing number of individuals even as some relief from the recession is felt. The results can be noteworthy. A national newspaper reported that if residents of New Orleans were to reallocate 10% of their spending to locally owned businesses and services, more than $200 million would be remain in the local economy. To meaningfully build local economies for the long haul, consumers as well as business owners must take the next step and produce more of what the community has imported over the years. Source: Christian Science Monitor, volume 101 Which of the following would not be an example of thinking and spending locally? A. Holiday shopping at a craft fair featuring community vendors. B. Contracting with a nationally known music group to provide entertainment for a town's centennial celebration. C. Selling jams made from area berry farms to surrounding communities. D. Using locally grown ingredients in country restaurants.