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How did the development of the factory system contribute to rapid economic growth?
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How does taxation contribute to economic growth and development?
It doesn't. Rather, taxation removes capital from the private sector where all economic growth and development occur.
What economic goal can you suggest in private citizens?
to contribute to the growth and development of the country
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
similarities of economic growth and development?
economic growth
Is economic growth necessary for economic development?
Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.
Why was economic development shifted from economic growth to human development?
developement includes economic growth, in addition to human development such as providing for health nutrition, a clean evvironment and
Could there be economic growth without economic development?
no economic growth cannot be possible without devlopment
How can microeconomics contribute to economic growth of a country?
yes
Which of the following do not contribute to economic growth?
I am sorry but we can't answer because we don't know what your list is concerning economic growth.
What is Economic growth and economic development?
what is economic growth and development? Economic development is the institutional change made to promote economic betterment. It is the process of lmproving the quality of human life through increasing per caita income.
How do enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
What played a part in US economic growth in the 1950s?
U.S. factory production catalyzed by WWII played a part in US economic growth in the 1950s.
