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Discuss 3 economic strategies that are expected to increase the economic growth and economic development?
Wiki User
∙ 14y ago
1 Individual efforts (by utilizing resources,by education etc)
2 Agriculture sector (by improving the irrigation and cultivation system,plant product,crop production)
3 Industrial sector
4 Educational sector
Wiki User
∙ 14y ago
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A decline in interest rates is expected to?
increase economic growth
How does growth in population affect economic development of country?
Every one know that, now a days population increasing. due to increase in population , poverty is also increase. it affect on our economic development. growth of economic development stop by poverty.
Why is economic development important?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
How did the geography of the northeast affect its economic development?
Geography of the Northeast affected its economic development since an increase in rainfall and sea level rise can lead to more damaging floods.
What is the Difference between social development and economic development?
economic means by money and social mean by society when our economy is increase it also help us to develop our society with out ecnomy we cannot able to develop our countrey
A decline in interest rates is expected to?
increase economic growth
How does growth in population affect economic development of country?
Every one know that, now a days population increasing. due to increase in population , poverty is also increase. it affect on our economic development. growth of economic development stop by poverty.
Why is economic development important?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
How river valley project contribute in economic development?
increase sexual contact
What is Economic growth and economic development?
what is economic growth and development? Economic development is the institutional change made to promote economic betterment. It is the process of lmproving the quality of human life through increasing per caita income.
How did the geography of the northeast affect its economic development?
Geography of the Northeast affected its economic development since an increase in rainfall and sea level rise can lead to more damaging floods.
What is the Difference between social development and economic development?
economic means by money and social mean by society when our economy is increase it also help us to develop our society with out ecnomy we cannot able to develop our countrey
How does economics help to improve the world?
it is really that, when you be educated it contributes to increase in literacy rate which contributes to economic development
Differentiate between economic development and sustainable development?
economic development implies more, particularly improvements in health, education and other aspects of human welfare. Countries that increase their Income but do not also raise life expectancy, reduce infant mortality, and increase literacy rates are missing out of some important aspects of development. The economic development of a country is defined as the development of the economic wealth of the country. Economic development is aimed at the overall well-being of the citizens of a country, as they are the ultimate beneficiaries of the development of the economy of their country. Economic growth on the other hand, is a narrower concept than economic development. It is defined as the increase in the value of goods and services produced by every sector of the economy. It is usually expressed in terms of the gross domestic product or GDP of the country. Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually incorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development. at last its depends on the market weather it high or low of the demand
Does progress or economic development will increase a given culture's ability to satisfy the physical and psychological needs of its population or its stability?
progress
What are affecting the economic to the people in china?
Hi, I'm a Chinese, in my own experience, at present, the factors affect China's economic can be summarized into the following: great development space in many areas, richer and richer people's need become the stimulation to the increase of economic. But the inflation nowsdays has been a hinder to the rapid development of the economic.
What is the purpose of a hubzone?
The grande purpose of a hubzone is to increase the opportunity of employment, economic development in small distressed communities, as well as aide investments.
