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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
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
A period of economic growth is an economic boom
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
President Benigno has the Philippines raised the highest in terms of economic growth.
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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.
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)
The Egyptian economy under Mubarak generally grew, but did so at a languishing pace. Additionally, later in his presidency, the cost of essential goods rose precipitously causing riots and other problems that led to the economic decline when he abdicated.
boom/growth
note on stages of economic growth
A period of economic growth is an economic boom
economic growth of India in 2008