More money, better standard of living, better public transportation, less crime.
No. Without economic growth the economy of a country will stagnate. If this happens then jobs and sales will be lost which will add to the depression. However it should be regulated in a sustainable manner
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.
Crowding in occurs when government spending stimulates private sector investment, leading to increased economic growth. Crowding out happens when government spending reduces private sector investment, potentially limiting economic growth. The overall effectiveness of government spending on economic growth depends on whether crowding in or crowding out occurs.
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)
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