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How export helps a country to achieve high rate of economic growth?
Due to increase in National Income via exports the economy starts to growth.
How did the Asian tigers achieve high economic growth?
Through discipline.
What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
What sre the Disadvantage of high GDP Economic growth?
There are many disadvantages with high GDP growth. Businesses can have high Debts from banks that results into market break down. You can also have high inflation, which is caused by the every changes in growth.
What is a goal of federal economic policy?
The goal of a federal economic policy is to create a healthy economy in the country that benefits every citizen. The goals of federal economic policy include: maintain stable prices, full employment, economic growth.
How export helps a country to achieve high rate of economic growth?
Due to increase in National Income via exports the economy starts to growth.
What shows if a country is richer or poor?
A country is considered richer if it has a high GDP per capita, strong economic growth, low levels of poverty and inequality, and a high standard of living. Conversely, a country is considered poorer if it has a low GDP per capita, limited economic opportunities, high poverty rates, and low standards of living.
How poverty is related to economic growth?
Economic growth includes expansion of workforce. this allows more opportunities for work which in turn reduces poverty. In an economic downturn high unemployment rates threaten a larger area of the population with poverty.
How did the Asian tigers achieve high economic growth?
Through discipline.
What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
What sre the Disadvantage of high GDP Economic growth?
There are many disadvantages with high GDP growth. Businesses can have high Debts from banks that results into market break down. You can also have high inflation, which is caused by the every changes in growth.
What is the country with a high population growth rate?
Bangladesh
What is a goal of federal economic policy?
The goal of a federal economic policy is to create a healthy economy in the country that benefits every citizen. The goals of federal economic policy include: maintain stable prices, full employment, economic growth.
What does the term Stagflation referred to?
a period of high inflation and slow economic growth
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 are the demographic characterists with a country with a high level of economic development?
your a but
How is the economy in Italy performing currently?
The economy in Italy is currently facing challenges, with slow growth and high levels of public debt. The country is also grappling with issues such as high unemployment and a large informal economy. However, there are efforts being made to address these issues and stimulate economic growth.
