The U.S. rapidly expanded economically from an agrarian nation into an industrial power. Industrialization in America involved 2 important developments. 1st, transportation was expanded. 2nd, improvements were made to industrial processes such as the use of interchangeable parts & railroads to ship goods more quickly.
economic growth became so low that people in a community suffered financially and economically in its own sense///
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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
European Coal and Steel Community
economic growth became so low that people in a community suffered financially and economically in its own sense///
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The more economic growth, the more people migrate there, and thus various cultures mix and change.
If one is looking for growth charts about a local community, one can consult the Chamber of Commerce, an agency which tracks different type of growth in the community. The Chamber of Commerce can explain, for example, the community's economic and housing growth and trends for both.
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
European Coal and Steel Community
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
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.