How is China's economic growth different from Japan and South Korea's?
1) China has large poor population. ( It has room to grow).
2) China is meat market. (1.2 billion people).
3) China Communist Government make people work. ( No Free Will).
4) China blocks outside world influence incourage Chinese Han-Nationalism. Make young Chinese brainwashed thinking they are World Power Global Power. If Chinese Communist Government thinks young Chinese are getting Real and direct facts about " Real" China. Chinese Communist Government blocks Google network in China.
5) China is brain washed.
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.
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.
An economic growth_______ is a time of fast economic growth
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
boom/growth
note on stages of economic growth
A period of economic growth is an economic boom
In 1996, South Korea's population was approximately 45.5 million people. This period marked significant economic growth and urbanization in the country, contributing to demographic changes. The population has continued to evolve since then, influenced by factors such as birth rates and migration.
A variety of different things promote economic growth in cities. Incentives for new businesses to build, such as low property taxes and reasonable lease rates are some examples.
economic growth of India in 2008
economic growth