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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.
When the GDP increases what decreases?
When GDP increases, it typically reflects economic growth, which can lead to a decrease in unemployment rates as businesses expand and hire more workers. Additionally, if the growth is driven by increased consumer spending, it may result in lower levels of poverty as more people have access to jobs and income. However, depending on the context, increased GDP can also lead to environmental degradation or income inequality, as the benefits of growth may not be evenly distributed.
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.
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 best describes the Brazilian miracle of the 1970's?
The Brazilian miracle of the 1970s refers to a period of rapid economic growth in Brazil, characterized by high GDP growth rates, industrialization, and significant foreign investment. This economic boom was driven by government policies that favored infrastructure development and export-oriented industries, alongside a military regime that suppressed dissent. However, the miracle also led to increased social inequality and environmental degradation, as the benefits of growth were not evenly distributed. Despite its economic success, the period was marked by political repression and human rights violations.
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.
When the GDP increases what decreases?
When GDP increases, it typically reflects economic growth, which can lead to a decrease in unemployment rates as businesses expand and hire more workers. Additionally, if the growth is driven by increased consumer spending, it may result in lower levels of poverty as more people have access to jobs and income. However, depending on the context, increased GDP can also lead to environmental degradation or income inequality, as the benefits of growth may not be evenly distributed.
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
When should the government implement restrictive fiscal policy?
When the economic growth rate exceeds the long run growth potential.
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)
What happened to the incomes of the richest 1 of Americans in the 1920s?
In the 1920s, the incomes of the richest 1% of Americans saw significant growth, largely due to the economic prosperity and industrial expansion of the decade. Wealth concentration increased, with this elite group capturing a substantial portion of the nation's total income. However, this disparity contributed to economic instability, as the wealth was not evenly distributed, leading to financial vulnerabilities that ultimately culminated in the Great Depression at the decade's end.
An economic what is a time of fast economic growth?
boom/growth
