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Which refers to the fluctuations of growth and decline in an economy?
business cycle
What happens when a country has an increase in econmic growth and innovation?
They prosper and their boost in economy has a ripple effect on the rest of the worlds economy. :)
What is the boom period?
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
How does the multiplier effect help our economy?
The multiplier effect amplifies initial spending in the economy, leading to increased overall economic activity. When an individual or business spends money, it generates income for others, who then spend a portion of that income, creating a ripple effect. This cycle can lead to higher demand for goods and services, increased production, and job creation, ultimately boosting economic growth. In times of recession, the multiplier effect can be crucial for recovery by stimulating consumer spending and investment.
Which refers to the fluctuations of growth and decline in an economy?
business cycle
What happens when a country has an increase in econmic growth and innovation?
They prosper and their boost in economy has a ripple effect on the rest of the worlds economy. :)
What is the boom period?
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
What are the Factors of growth of hotel industry?
The economy is one of the factors of growth in the hotel industry. When the economy is good, there is more money for vacations, and hotel stays. Tourism and business travel are also factors of growth in the hotel industry.
Does high rates of economic growth always stabilize the economy?
No, in essence a high growth rate is good but as a result high growth rates will lead to a cession. It is part of the business cycle. To stabilize an economy growth rates should slow and steady
What is the Status of business today?
Business is growing across the world. Technologies have made it easier for many to start businesses, so there is growth in entrepreneurship across the world.
How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
What is the result of cheap computer technology in a global economy-?
The result of cheap computer technology in a global economy is slow economic growth because individuals trading such products rarely pay taxes to states.
The impact of kidnapping and cultism on nigeria economy?
What is the effect of kidnapping on economic growth of Nigeria?Read more: What_is_the_effect_of_kidnapping_on_economic_growth_of_Nigeria
A major cause for the rapid growth of business was what?
The major cause for the rapid growth of business was the Industrial Revolution, which introduced new technologies, processes, and infrastructure that increased productivity and efficiency. This led to the expansion of markets, mass production, and the development of new industries.
What is most likely to have a negative effect on domestic small-business growth?
Involuntary Tax reductions
What positive effect does population growth have on development in the Caribbean?
A positive effect that population growth has on the development of the Caribbean is that where people go, so does their income. People entering the area get employed and put more money back into the economy.
