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Sustained economic growth

Updated: 12/6/2022
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What war caused sustained economic growth?

World War 2 caused sustained economic growth.


What factors contributes to the shrinking of the workforce even though economic growth is sustained?

Even though economic growth is sustained, the workforce is shrinking because of increased automation and the aging of the population.


The country with the highest rate of sustained economic growth between 1980 and 2000 is?

China


What happened to the economy of the United states during the decades of the 1950 and 1960?

it experienced sustained economic growth


What happened to the economy of the United states during the decades of the 1950s and 1960s?

it experienced sustained economic growth


What would contribute to a sustained high rate of economic growth in the long run in an economy?

growth in capital per hour accompanied by technological change


What has the author Pieter Bottelier written?

Pieter Bottelier has written: 'Can China's growth trajectory be sustained?' -- subject(s): China, Economic conditions


When there are sustained increases in real GDP over time we say that the economy is undergoing?

Economic growth. Since that is basically the definition of a growing economy, steady increase in GDP


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.


similarities of economic growth and development?

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)