1.There are wide disparities in the income distribution and the benefits of economic growth hasn't reached everyone. 2. The agricultural sector is going through structural changes and is loosing importance and therefore since many of the rural and poor people are in agriculture, they tend to be adversely effected. 3.The development process hasn't come around all over. 4. There is still wide spread un-employment. 5. With growth there is usually inflation and inflation reduces the real income levels of the economy. 6. The environment is effected. 7. The poor do not have any representatives to influence the economic polices and bring about the changes needed by them. 8.There is stll wide spread disparities in literacy, health care and life expectancy.
why has our econamic growth not yielded fuller satisfaction ?
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)
A period of economic growth is an economic boom
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
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.
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)
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 and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
Economic growth lagged behind because they had to repair damage from the war.
the economic growth lagged behind because they had to repair damages from the war