improved technology
a major burden to growth of china economy was caused by
Population growth
population growth
A major burden to the growth of China's economy was cause by the high population growth. An increase in the population has resulted into limited resources among the residents.
a decline in U.S. union membership
There are several things that happened for Chinas population to grow. There were multiple births in a given year with low infant mortality rates which contributed to the rapid growth of the population.
The invention of credit cards
Safety regulations caused the costs for businesses to increase
lessens the burden of scarcity
Lessens the burden of scarcity.
Inflation
The Chinese economy is heavily driven by exports of a range of goods... this is one of the reasons it has such high foreign currency reserves. This has also impacted a bit on its GDP growth which was about 12% in 1007 and the world bank is forecasting 6.5% growth this year. for more see: http://en.wikipedia.org/wiki/Economy_of_the_People's_Republic_of_China and for daily updates on the Chinese economy and lots more resources see: China Economic Scan - http://www.chinaeconomicscan.com
The growth of the nation's economy during the 1920s was called urbanization.
The growth of the nation's economy during the 1920s was called urbanization.
it is not direct but through growth