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basically the nics are so stupid they don't know other ways to spend their money, and so the reason behind this is that they are stupid. i think the question you should ask rather is how can we prevent the nics from growing, and how to stunt them.
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∙ 14y ago
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What is a example of a country with high economic growth?
CHINA!
What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
How did the Asian tigers achieve high economic growth?
Through discipline.
What sre the Disadvantage of high GDP Economic growth?
There are many disadvantages with high GDP growth. Businesses can have high Debts from banks that results into market break down. You can also have high inflation, which is caused by the every changes in growth.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
What is a example of a country with high economic growth?
CHINA!
Can old NICs mix with new high speed NICs?
Usually yes. It will always operate at the speed of the slowest device.
What is newly industrializing countries?
The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and economists. NICs are countries whose economies have not yet reached first world status but have, in a macroeconomic sense, outpaced their developing counterparts. Another characterization of NICs is that of nations undergoing rapid economic growth (usually export-oriented). Incipient or ongoing industrialization is an important indicator of a NIC. In many NICs, social upheaval can occur as primarily rural, agricultural populations migrate to the cities, where the growth of manufacturing concerns and factories can draw many thousands of laborers. NICs usually share some other common features, including: * Increased social freedoms and civil rights. * Strong Political Leaders * A switch from agricultural to industrial economies, especially in the manufacturing sector. * An increasingly open-market economy, allowing free trade with other nations in the world. * Large national corporations operating in several continents. * Strong capital investment from foreign countries. * Political leadership in their area of influence. Examples of NICs include China, India, Mexico, Brazil, South Africa, etc. Source courtesy of http://en.wikipedia.org/wiki/Newly_industrialized_country
What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
How did the Asian tigers achieve high economic growth?
Through discipline.
What sre the Disadvantage of high GDP Economic growth?
There are many disadvantages with high GDP growth. Businesses can have high Debts from banks that results into market break down. You can also have high inflation, which is caused by the every changes in growth.
What does the term Stagflation referred to?
a period of high inflation and slow economic growth
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
Does high rates of economic growth always stabilize the economy?
No, in essence a high growth rate is good but as a result high growth rates will lead to a cession. It is part of the business cycle. To stabilize an economy growth rates should slow and steady
What are some examples of NIC countries?
Some examples of newly industrialized countries (NICs) include South Korea, Taiwan, Singapore, and Hong Kong. These countries have experienced rapid industrialization and economic growth within the past few decades.
What fiscal policy is designed to stimulate economic growth?
sponsorship of high-tech industries
What is a fiscal policy designed to stimulate economic growth?
sponsorship of high-tech industries
