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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.
What are the two ways to measure economic growth Why is economic growth important What are the two sources of economic growth?
ways to measure economic growth:1 GDP- gross domestic product2 GNP- gross national productThese show how much money is flowing around the economyhope this helps
Sustainable and unsustainable features of china?
they build two power stations a week. unsustainable
What are two ways the railroads influenced economic growth in the US?
Shipping the goods and more transportation brought people here to have economic growth
Name are two factors that contributed to economic growth in the Zhou dynasty?
people
What are two specific themes of the earth summit 2012?
Two specific themes of the Earth Summit 2012, also known as the Rio+20 Conference, were sustainable development and the green economy. The summit aimed to renew global commitment to sustainable development by addressing environmental challenges, poverty, and social inequalities. It emphasized the importance of transitioning to a green economy as a means to achieve sustainable development, while ensuring that economic growth does not compromise environmental integrity or social equity.
What is a economic crisis?
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
What two geographic features features make the location of Rome favorable?
Rivers and hills are the geographic features that make Rome favorable. These features were essential to Rome's growth as an empire.
What fueled economic growth but also enflamed old rivalries and contributed to two world wars?
Rearmament
Similarities existing in classical and Keynesian economics?
The two systems aim to achieve economic growth and prevent inflation.
What are the two main economic activities in the Caribbean islands?
Agriculture is the main. they also developed important mining industries. Tourism is great hope for future economic growth.
What is two successive negative quarters of economic growth?
Two successive negative quarters of economic growth refer to a situation where a country's Gross Domestic Product (GDP) contracts for two consecutive three-month periods. This phenomenon is often considered a technical definition of recession, indicating a significant decline in economic activity. It typically results in lower consumer spending, decreased business investment, and rising unemployment rates, reflecting overall economic distress. Policymakers may respond with various measures to stimulate growth and stabilize the economy.
