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How has financial savings and investiment led to economic growth of developing countries?
look at financial institutions contribution towards economic growth example; loans to fund venture capital
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.
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
How many millionaires were there after the Kuwait revalued in the 1990?
After Kuwait revalued its currency in the early 1990s, particularly following the Gulf War and subsequent economic recovery, the number of millionaires in the country significantly increased. Estimates suggest that the number of millionaires surged to around 6,000 by the mid-1990s. This increase was driven by the growth in oil revenues and the rebuilding of the economy, which created substantial wealth for individuals in Kuwait.
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)
An economic what is a time of fast economic growth?
boom/growth
What are the stages in economic growth?
note on stages of economic growth
What is a period of economic growth called?
A period of economic growth is an economic boom
Why were bays important to the early settlements in Kuwait?
Bays were crucial to early settlements in Kuwait as they provided natural harbors for fishing and trade. The sheltered waters facilitated the docking of boats, enabling the transportation of goods and resources essential for survival and economic growth. Additionally, the bays allowed for easy access to maritime routes, linking Kuwait to other regions for cultural exchange and commerce. This strategic advantage helped establish Kuwait as a significant trading hub in the Arabian Gulf.
Economic growth of India in 2008?
economic growth of India in 2008
The 1990's in the US was a time of?
economic growth
similarities of economic growth and development?
economic growth
