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Does high rates of economic growth always stabilize the economy?
Wiki User
∙ 12y ago
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
Wiki User
∙ 12y ago
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Economic growth is the aspiration of all developing countries Discuss whether it is always better to have economic growth in all economy?
I think economic growth is an aspiration in an developing countries I think economic growth is an aspiration in an developing countries
Critics claim that this type of economic system hinders economic growth-?
Critics claim that the planned economy, unlike the market economy hinders economic growth.
How can governments promote economic growth?
How can the government promote growth in the economy
Why was the stabilization policy made?
Stabilization policy was created to help stabilize the overall economy by managing fluctuations in inflation, unemployment, and overall economic growth. It aims to reduce the negative impacts of economic cycles and promote stable economic conditions.
Economic growth in South Africa?
economic growth is the annual rate of increase in total production or income in the economy
To expadite the economic growth What does that mean?
To speed up or issue the growth of economy
What are the contributors to economic growth?
self controol of the economy
What is global economic downturn?
When the globalized economy, the economy of all countries, are in negative growth.
What is the main idea of monetarianism?
Monetarism is a school of economic thought that emphasizes the role of government control over the money supply to achieve economic stability and growth. It argues that fluctuations in the money supply are the primary cause of economic fluctuations, and advocates for central bank intervention to control inflation and stabilize the economy.
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 indicators does not measure economic growth?
Economic growth can be measured in nominal terms, which include inflation. The growth of an economy is thought of not only as an increase in productive.
Is inadequate economic growth a cause of unemployment?
Where economic growth in an economy slows down, it's never a good thing. The employable population in any economy needs to have jobs available in the economy. Growth will do this, however, slow growth will not keep up with the number of people seeking jobs, thus creating unemployment.
