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How education affects economic growth?
The higher the education the higher the economy due to great rates
How do bank loans contribute to the growth and stability of a nation's economy?
Bank loans contribute to the growth and stability of a nation's economy by providing businesses and individuals with the necessary funds to invest in projects, expand operations, and stimulate economic activity. This increased spending leads to job creation, higher production levels, and overall economic growth. Additionally, the availability of credit helps to smooth out economic fluctuations and maintain stability by providing a financial cushion during times of economic downturn.
What percentage does the LGBT community contribute to the us economy?
The LGBT community contributes a lot to the US economy. The percentage it contributes is directly related to the percentage of the population that fall under LGBT. The higher the percentage of LGBT folk in the US, the higher their contribution to the economy and to society. As a matter of fact, in a national survey, there are more unemployed heterosexuals than unemployed homosexuals of the same age group.
Is the impact of higher national saving on economic growth related to microeconomics?
no
What role do capital goods play in the economy and how do they contribute to economic growth and development?
Capital goods are essential tools and equipment used in the production of goods and services. They play a crucial role in the economy by increasing efficiency and productivity, which leads to economic growth and development. By investing in capital goods, businesses can produce more output with the same amount of resources, leading to higher profits and overall economic prosperity.
Why do some areas have higher per capita GDP than others?
Some areas have higher per capita GDP due to factors such as a more developed infrastructure, higher productivity levels, greater access to resources, stronger education and healthcare systems, and a more diversified economy. These factors contribute to increased economic growth and higher income levels among the population.
What are Two way a population can experience positive growth?
A population can experience positive growth through increased birth rates or decreased death rates. Both factors contribute to a higher population size over time.
What should be your Future Plans for Our Company if Permanently Employed?
My future plans will be to fully contribute with my skills and experience to the company and to take higher and higher responsibilities and grow with the growth of the company
Why is literacy rate important to the overall growth of a county?
A high literacy rate is important for a country's overall growth because it enables the population to access information, participate in the economy, and make informed decisions. Literate individuals are better able to contribute to society, pursue higher education, and adapt to changing technologies, ultimately leading to economic development and social progress.
What are the consequences of family sizes on the national economy affects the quality of the national economy?
Family size can significantly impact the national economy by influencing labor supply, consumer demand, and public spending. Larger families may lead to increased demand for goods and services, stimulating economic growth, but they can also strain resources like education and healthcare. Conversely, smaller families may result in a more educated workforce and higher individual income levels, enhancing productivity. Ultimately, the balance between family size and economic policies determines how these dynamics shape overall economic quality and sustainability.
Why is the population growth rate important in country development?
Population growth will result in a higher working population. With more people working, the economy of the country will then be able to grow. Other than economy, the larger population will can also contribute to construction and other forms of land development. More talents can also be found in a larger population.--------- More people then death rate (overpopulated) will also lead to less renewable resources. So we try to limit the people immigrating in a country. `tim lepuck
What is Canada more economically developed than mexio?
Canada is generally considered more economically developed than Mexico due to its higher GDP per capita, stronger infrastructure, and more diversified economy. Canada benefits from abundant natural resources, advanced technology, and a well-educated workforce, which contribute to higher productivity levels. Additionally, Canada has a more stable political environment and higher levels of foreign investment, fostering a favorable climate for economic growth. These factors collectively position Canada as a more developed economy compared to Mexico.
