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Unions played a huge part towards the turn of the 19th century because of their ability to force companies to respect and live up to the demands of employees. They were formed during the Industrial Revolution for that purpose, but they are pretty much useless now. Their is no more economic proof that they have made a difference ever since the Industrial Revolution; They in fact are hurting the economy because of their extremely high pay demand and massive amounts of vacation days.
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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)
What is a period of economic growth called?
A period of economic growth is an economic boom
How are economic growth and productivity related?
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.
How does the growth of labor unions affect economies issues?
The labor unions give workers a stronger voice so that they can get a fair share of the economic growth they help create.
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.
Are unions private companies?
No, unions are not private companies, but they are a type of economic organisation.
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)
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
Economic growth of India in 2008?
economic growth of India in 2008
The 1990's in the US was a time of?
economic growth
How are economic growth and productivity related?
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.
