devastation
look at financial institutions contribution towards economic growth example; loans to fund venture capital
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 growth_______ is a time of fast economic growth
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
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.
boom/growth
note on stages of economic growth
A period of economic growth is an economic boom
economic growth of India in 2008
economic growth
economic growth
lack of economic growth lack of economic growth lack of economic growth