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What Under Mubaraks presidency Egypts economic growth rate?
Under Hosni Mubarak's presidency, which lasted from 1981 to 2011, Egypt experienced a period of economic growth, particularly in the mid-2000s. The average annual growth rate during this time was around 5-7%, driven by reforms in the private sector, increased foreign investment, and tourism. However, this growth was often criticized for being uneven, with significant disparities in wealth and persistent poverty despite the overall economic expansion. Additionally, the benefits of growth were not evenly distributed, leading to social unrest that contributed to the 2011 uprising.
What comes first economic growth or democracy?
Between economic growth and democracy, economic growth should come first. When a country is able to develop in terms of the economy, then it becomes easier to embrace democracy.
Should economic growth be sacrificed if necessary in order to reduce poverty?
No. Economic growth is the best way to reduce poverty. Economic growth creates jobs. Economic growth should not be sacrificed, it should merely be more inclusive. More people should experience the benefits of it. Economic growth is a good thing. When economic growth slows or stops, people start worrying about themselves and stop worrying about others. When economic growth is good and people have jobs and money, they are more interested in helping others. When corporations make money, they expand and hire more people. Then those people have money to purchase goods and services. The companies who sell those goods and services hire people to produce those goods and provide those services.
Are there types of economic growth?
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 is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What comes first economic growth or democracy?
Between economic growth and democracy, economic growth should come first. When a country is able to develop in terms of the economy, then it becomes easier to embrace democracy.
Why does economic growth create higher living costs?
Economic growth, for society as a whole, should lower living costs by increasing real wealth.
Should economic growth be sacrificed if necessary in order to reduce poverty?
No. Economic growth is the best way to reduce poverty. Economic growth creates jobs. Economic growth should not be sacrificed, it should merely be more inclusive. More people should experience the benefits of it. Economic growth is a good thing. When economic growth slows or stops, people start worrying about themselves and stop worrying about others. When economic growth is good and people have jobs and money, they are more interested in helping others. When corporations make money, they expand and hire more people. Then those people have money to purchase goods and services. The companies who sell those goods and services hire people to produce those goods and provide those services.
Are there types of economic growth?
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 is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
An economic what is a time of fast economic growth?
boom/growth
What are the stages in economic growth?
note on stages of economic growth
What is a period of economic growth called?
A period of economic growth is an economic boom
When should the government implement restrictive fiscal policy?
When the economic growth rate exceeds the long run growth potential.
Economic growth of India in 2008?
economic growth of India in 2008
The 1990's in the US was a time of?
economic growth
