Yes but not always but mostly yes but sometimes no however it is normally yes but could be no yes and no
Why economic growth is desirable for modern open economies
I think economic growth is an aspiration in an developing countries I think economic growth is an aspiration in an developing countries
An increase in aggregate demand is not always desirable, as it can lead to inflation if the economy is already operating at or near full capacity. While higher demand can stimulate economic growth and reduce unemployment in the short term, it may also result in rising prices and potential overheating of the economy. Additionally, if the increase in demand is driven by unsustainable factors, such as excessive credit or government spending, it could lead to long-term economic instability. Thus, the effects of increased aggregate demand depend on the economic context and underlying conditions.
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
Why economic growth is desirable for modern open economies
I think economic growth is an aspiration in an developing countries I think economic growth is an aspiration in an developing countries
Yes always
An increase in aggregate demand is not always desirable, as it can lead to inflation if the economy is already operating at or near full capacity. While higher demand can stimulate economic growth and reduce unemployment in the short term, it may also result in rising prices and potential overheating of the economy. Additionally, if the increase in demand is driven by unsustainable factors, such as excessive credit or government spending, it could lead to long-term economic instability. Thus, the effects of increased aggregate demand depend on the economic context and underlying conditions.
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)
No, limitless growth is not possible as it would conflict with the finite resources available on Earth and the capacity of ecosystems to absorb and recover from human activities. Sustainable growth that considers the planet's limits and balances social, economic, and environmental needs is more realistic and desirable.
boom/growth
note on stages of economic growth
A period of economic growth is an economic boom
economic growth of India in 2008