Electronics
the growth of white collar jobs into a majority that increasingly replaced blue collar factory labor
"Gross domestic product" is the most commonly used as is the % growth or decline in that number.A key driver of economic growth is the degree of corruption in the country. This correlates very highly with retarded growth in the future.
The three key economic questions are: What to produce? How to produce it? Who will consume it?
A nation can decrease its chances of falling into an economic collapse by doing its best to maintain a balanced budget and keeping the tax system fair to its citizens. Problems can be averted by encouraging its citizens to save money rather than spending all they can. Growth is a key to remaining prosperous, and policies by the government to allow economic growth will go along way in preventing economic disasters.
Economic System
the growth of white collar jobs into a majority that increasingly replaced blue collar factory labor
"Gross domestic product" is the most commonly used as is the % growth or decline in that number.A key driver of economic growth is the degree of corruption in the country. This correlates very highly with retarded growth in the future.
Trading between countries.
No it's the oppisite.
The three key economic questions are: What to produce? How to produce it? Who will consume it?
Affordability
A nation can decrease its chances of falling into an economic collapse by doing its best to maintain a balanced budget and keeping the tax system fair to its citizens. Problems can be averted by encouraging its citizens to save money rather than spending all they can. Growth is a key to remaining prosperous, and policies by the government to allow economic growth will go along way in preventing economic disasters.
Economic System
Economic growth is just a key for development but not satisfactory indicator because its it does not consider the individual development of the mass of the member of state. It just explains the raise in per capital income which is at national levle and not individual level for incitance it does not explain about life expectance,human development index,physical quality of life index ect
Capitalism achieves economic growth through a free market. It thrives on competition between companied to keep prices low for consumers and promote better working conditions for employees. The United States is a regulated capitalist economy.
John H. Opitz has written: 'Lifetime students--a key to economic growth and development' -- subject(s): College attendance, College credits, Continuing education, Economic aspects of Higher education, Higher Education, Statistics
The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.