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the Philippines is 175 years late than the US economy
The New Deal was supposed to stop the failing economy and help America recover from years of economic troubles.
My prediction is that the economy will fall and Cambodia will have a serious depression. Of course, I'm just some anonymous person on the internet with no economic training - maybe you ought to do some research and actually find someone who knows more about economy.
Economic growth is best defined as a long-term expansion of the productive potential of the economy.Trend economic growth refers to the smooth path of long run national output. Measuring the trend rate of growth requires a long-run series of macroeconomic data (perhaps of 20 years or more) in order to identify the different stages of the economic cycle and then calculate average growth rates from peak to peak or trough to trough. Another way of thinking about the trend growth rate is to view it as an underlying speed limit for the economy. In other words, it is an estimate of how fast the economy can reasonably be expected to grow over a number of years without creating an unsustainable increase in inflationary pressure. EFI PAPASTYLOU
basicly things are more expensive today because of inflation and becasue of the economy........ just think 15 years ago gas was .99 a GALLON! Today it is almost $4.00!
the Philippines is 175 years late than the US economy
Japan signed a peace treaty with the United States to regulate their devastating economy after the war, they were then trading partners and eventually compete with each other in the global economy.
Prior to joining the European Union, Belgium's economy had been devastated by World War II. However, the Belgian economy saw a rapid increase of industry production due to joining the European Union and hosting NATO's headquarters. Today, Belgium's economy is the twenty-fourth largest economy in the world. It has been hit hard by the European Economic Crisis, and has been suffering with a large public debt ratio for years.
Vladimir Lenin started the New Economic Policy in an attempt to improve the Soviet economy.
The Peoples Republic of China has the second largest economy in the world. This remarkable compared to the Chinese economy of say, 30 years ago. China's economy of today is vastly different than in the years when it was considered a purely Marxist economy and private holdings were at a minimum. China now has a mixed economy and a stock market. When China was under the rule of hard line communists, the economy was in bad shape compared to may others in the world.
how is the producers and consumers from today different from years ago.
Economics is more crucial now because of globalization. The economy of country affects a lot of different countries as compared to before.
Oconomy is an economy that is in a downward spiral. An economy that is headed towards a double dip recession. Such as the economic conditions created by the Obama administrations policies in his first two years as president.
The New Deal was supposed to stop the failing economy and help America recover from years of economic troubles.
The economic system at present prevalent in India is quasi market oriented. In was in 1992 that reforms in Indian economy were initiated by the then Finance Minister Dr. Manmohan Singh. After 20 years as of now, the Indian economy has been opened partially to foreign investors, though vital sectors like Retail market, insurance, bank need liberalization which cannot be implemented due to opposition from allies of the UPA Government. Even the US President Barrack Obama insisted on more liberalization of Indian economy.
Iceland's economy is heavily dependent on fishing, tourism, and software. In recent years, after some serious economic trouble, the welfare system also plays a heavy role.
My prediction is that the economy will fall and Cambodia will have a serious depression. Of course, I'm just some anonymous person on the internet with no economic training - maybe you ought to do some research and actually find someone who knows more about economy.